EDAP TMS S.A. to Raise $5.625 Million in Registered Direct Offering

Published: Mar 23, 2012

LYON, France, March 23, 2012 (GLOBE NEWSWIRE) -- EDAP TMS SA (Nasdaq:EDAP), a global leader in therapeutic ultrasound, announced that it has entered into definitive agreements with certain institutional investors for a registered direct placement of $5.625 million of ordinary shares in the form of American Depositary Shares ("ADSs") at a price of $2.00 per share, with warrants attached.

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