U.S. medical device company CHF Solutions Inc. has priced its underwritten public offering of 146,607 class A units at a public offering price of $5.25 per unit.
CHF Solutions expects gross proceeds of around $10.8 million prior to deducting underwriting discounts and commissions and offering expenses payable by the company.
Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc., is acting as sole book-running manager in connection with the deal.
CHF Solutions has raised a total of $58.1 million in over eleven funding rounds.