Lite Run reports $3M private offering after Brooks deploys rehab system
The St. Paul medtech maker sold the fully subscribed offering to two investors as its air-pressure exosuit moves into Brooks Rehabilitation.
By Ryan Merket · Published
Primary source: US Securities and Exchange Commission
Why it matters
Lite Run has paired a concentrated $3 million debt financing with its strongest hospital deployment yet, giving Hauck's air-pressure rehab system a test beyond pilots and prototypes.
Lite Run, the rehabilitation-device maker co-founded by John Hauck, reported a $3 million private offering sold to two investors, according to a new SEC filing accepted on July 21st.…
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