InVivo Therapeutics Corporation Expects to Raise $10.4 Million From Early Warrants Call

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Spinal devices maker InVivo Therapeutics expects to raise $10.4 million from a call for early exercise of warrants issued in 2010. Massachusetts-based spinal devices maker InVivo Therapeutics (OTC:NVIV) announced an early call for exercise of warrants issued in 2010, expecting to raise $10.4 million. Under the terms of the warrants, InVivo has the right to call for early exercise because NVIV shares have traded above $2.80 per share for 20 consecutive days, which occurred yesterday.

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