GID 0.00% 0.2¢ gi dynamics, inc

News: GID Gi Dynamics Executes Term Sheet For Proposed $10 Mln Financing

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    July 20 (Reuters) - GI Dynamics Inc (GID) :

    • EXECUTED NON-BINDING TERM SHEET WITH CRYSTAL AMBER FUND FOR PROPOSED $10 MILLION FINANCING
    • PROPOSED FINANCING WOULD INVOLVE ISSUE OF SERIES A PREFERRED STOCK, VALUED AT EXPECTED PRICE OF ABOUT $0.1756 PER SHARE
 
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