Avinger’s $14.4 Million Common Stock Offering


Sichenzia Ross Ference LLP represented Aegis Capital Corp. as Sole Bookrunner in the offering.

Avinger, Inc. executed an underwritten offering of 10,000,000 shares of the common stock, at a price of $1.44 per share. The gross proceeds of the offering were approximately $14.4 million, prior to deducting underwriting discounts and commissions and estimated offering expenses.

Avinger, Inc. (NASDAQ: AVGR) is a commercial-stage medical device company marketing the first and only intravascular image-guided, catheter-based system for diagnosis and treatment of patients with Peripheral Artery Disease (PAD).

The Sichenzia Ross Ference LLP team advising Aegis Capital was led by partners Gregory Sichenzia (Picture), Darrin M. Ocasio, and Jay Yamamoto, and associate Matthew Siracusa.

Involved fees earner: Darrin Ocasio – Sichenzia Ross Ference LLP; Gregory Sichenzia – Sichenzia Ross Ference LLP; Matthew Siracusa – Sichenzia Ross Ference LLP; Jay Yamamoto – Sichenzia Ross Ference LLP;

Law Firms: Sichenzia Ross Ference LLP;

Clients: Aegis Capital Corporation;

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Author: Ambrogio Visconti