Rx Medical’s Stock Sale Nets $1.5 Million
NEWPORT BEACH — Rx Medical Services Corp., a holding company for medical laboratories, said Tuesday that it has raised $1.5 million in a private placement of 500,000 newly issued common shares. The company, which has been aggressively acquiring testing labs during the past 18 months, said it will use the money to pay off debt and buy more clinical labs and imaging centers.
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