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Home > News > JMAR Completes $3 Million Financing

December 29th, 2005

JMAR Completes $3 Million Financing

Abstract:
JMAR Technologies, Inc. (Nasdaq: JMAR) has completed a $3 million financing with twelve accredited investors. Midtown Partners & Co., LLC acted as sole placement agent in this transaction. "This financing, when added to JMAR's current cash position and untapped $3 million line of credit, enables JMAR to continue investment in our product development activities, including the BioSentry product line," commented Dennis E. Valentine, Chief Financial Officer of JMAR.

Source:
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