Mintz Levin Represents GI Dynamics, Inc. in $52 Million Private Placements

Mintz Levin Represents GI Dynamics, Inc. in $52 Million Private Placements

BOSTON--(BUSINESS WIRE)-- Attorneys in the Corporate & Securities Section of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. advised GI Dynamics, Inc. on two private placements in which the company received commitments from investors in Australia, the United States of America and certain other jurisdictions to raise approximately $52 million.

GI Dynamics (ASX:GID), a Lexington, Massachusetts medical device company, intends to use the proceeds raised from the placements to fund its ongoing U.S. pivotal clinical trial and for general working capital purposes.


The Mintz Levin team was led by Daniel H. Follansbee, a Member of the firm's Corporate & Securities Section.

For more information about Mintz Levin, please visitwww.mintz.com



Mintz Levin
Meg O'Donnell, 617-348-4956
MSODONNELL@MINTZ.COM

KEYWORDS:   United States  North America  Massachusetts

INDUSTRY KEYWORDS:

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