Caliber Imaging & Diagnostics, Inc. announced that it has received $0.9 million in funding from Osiris Capital Management and other investors.
On the same day, the company closed the first tranche for $100,000 with Rocco Maggiotto, the director of the company.
On April 2, 2014, the company closed the second tranche for $200,000 with Paul Stuka, the director of the company.
On April 17, 2014, the company closed the third tranche for $100,000 with Kevin Cronin, the director of the company.
On April 17, 2014, the company closed the fourth tranche for $100,000 with William J. Shea, the director of the company.
On June 5, 2014, the company closed the fifth tranche for $200,000. The company issued 200,000 shares at $1 per share to L. Michael Hone. The company brings the total funding to $700,000 in the transaction. The transaction will include participation from new investor Osiris Capital Management.
On July 2, 2014, Caliber Imaging & Diagnostics, Inc. closed the transaction. The company has received $200,000 in its final tranche of the transaction. The company has received total gross proceeds of $900,000 in the transaction.