ElectroCore Files $100 Million Mixed Shelf

MT Newswires Live
01-25

ElectroCore (ECOR) filed a shelf registration statement with the US Securities and Exchange Commission Friday covering the potential sale of up to $100 million of securities from time to time, together or separately.

The filing covers common stock, preferred stock, warrants, debt securities, rights and units, the filing showed.

The company plans to use the proceeds for sales and marketing, working capital, and general corporate purposes.

Funds can also be used for the expansion of current business through acquisitions or in-licenses of, or investments in, complementary companies, medicines, intellectual property or technologies, according to ElectroCore.

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