BG Medicine enters $12M common stock purchase agreement with Aspire Capital

theflyonthewall.com

BG Medicine (BGMD) announced that it has entered into a common stock purchase agreement with Aspire Capital Fund. Aspire has committed to purchase up to $12M of BG Medicine's common stock from time to time as directed by BG Medicine over the next two years at prices based on prevailing market prices over a period preceding each sale after the SEC declares a registration statement effective relating to the transaction.

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