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MRI Interventions Inc (MRIC.OB)

MRIC.OB on OTC BB

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22 Jul 2016
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Latest Key Developments (Source: Significant Developments)

MRI Interventions Inc announces $5.3 million private placement
Tuesday, 15 Dec 2015 04:02pm EST 

MRI Interventions Inc:Has entered into a definitive securities purchase agreement with a group of investors which will result in gross proceeds to MRI Interventions of approximately $5.3 million.Placement consists of 16,309,270 units, composed of an aggregate of approximately 16,309,270 shares of its common stock, Series A Warrants to purchase approximately 6,523,726 shares of its common stock and Series B Warrants to purchase approximately 4,892,819 shares of its common stock.  Full Article

MRI Interventions announces change in CFO - Form 8-K
Tuesday, 17 Mar 2015 08:46am EDT 

MRI Interventions:Says on March 11, Harold A. Hurwitz entered into an employment agreement with MRI Interventions Inc.Hurwitz will join the Company initially as Vice President, Finance.As part of an orderly transition, Hurwitz will then succeed David W. Carlson as the Company’s Chief Financial Officer immediately after the filing of the Company’s Quarterly Report on From 10-Q for the period ending March 31.Hurwitz will also succeed Carlson as Company’s designated principal financial officer and principal accounting officer for Securities and Exchange Commission reporting purposes.Expected start date of Hurwitz’s employment is March 30.  Full Article

MRI Interventions Inc announces management change - Form 8-K
Monday, 5 Jan 2015 04:31pm EST 

MRI Interventions Inc:Says on Jan. 1, 2015, Francis (Frank) P. Grillo became the chief executive officer, replacing Kimble L. Jenkins in that position.Says Jenkins now serves as chairman.  Full Article

MRI Interventions announces $10.2 mln private placement
Friday, 19 Dec 2014 08:30am EST 

MRI Interventions Inc:Enters into definitive securities purchase agreement with group of investors for private placement of about 15.8 mln shares of common stock and warrants to purchase about 6.3 mln shares of common stock.For each share being purchased, investors will receive a warrant to purchase 0.4 share of MRI Interventions' common stock.For each unit consisting of a share and warrant, the investors have agreed to pay a negotiated price of $0.6435, which will result in gross proceeds to MRI Interventions of about $10.2 mln, before deducting placement agents' fees and estimated offering expenses.The per share exercise price of the warrants will be $0.858, and warrants will be exercisable for five year period beginning on the original date of issuance.The private placement is expected to close on or before Dec. 24, subject to customary closing conditions.  Full Article

MRI Interventions Inc gives Q3 2014 revenue guidance below analysts' estimates
Monday, 6 Oct 2014 08:30am EDT 

MRI Interventions Inc:Estimates Q3 2014 total revenues at about $630,000.Q3 2014 revenue of $1.22 million - Thomson Reuters I/B/E/S.  Full Article

MRI Interventions Inc announces management changes
Thursday, 11 Sep 2014 09:00am EDT 

MRI Interventions Inc:Appoints Frank Grillo as the company's new Chief Executive Officer effective Jan. 1, 2015 and as President effective Oct. 6.Says Kimble Jenkins will assume the position of Executive Chairman on Jan. 1 2015.  Full Article

BRIEF-MRI Interventions Q1 revenue $1.4 million

* Q1 revenue rose 38 percent to $1.4 million Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)