Mainstay Medical is still talking to potential investors about a $10 million (€9 million) fundraising after missing a deadline to raise new equity.
The company, which is backed by the Irish Strategic Investment Fund, had set an end-June date to secure the investment, which was required before it could draw down additional loans.
Mainstay said last week that it had extended the deadline until the end of July to receive the latest €3 million loan tranche...
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