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Thursday, May 11, 2017

MTBC Announces $2.3 Million Registered Direct Offering Priced At-The-Market Wednesday, May 10, 2017

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SOMERSET, NJ–(Marketwired – May 10, 2017) – MTBC (NASDAQ: MTBC) (NASDAQ: MTBCP) a leading provider of proprietary, cloud-based electronic health records, practice management and mHealth solutions, today announced that it has entered into a definitive agreement with institutional investors for a registered direct offering of shares of its common stock priced at-the-market with gross proceeds of $2.3 million. The closing of the offering is expected to take place on or about May 15, 2017, subject to the satisfaction of customary closing conditions.

May 11, 2017 at 01:42AM

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