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Prioritizing Complex Markets, Products, Regulations and Reimbursement with Karen Zaderej

Mastering Medical Device

CHAPTER

How to Raise Money for a Company That's Going Through Bankruptcy

Yan: I was on account down to bankruptcy i literally had x number of weeks of cash and in fact i met every friday with my employees and told them how long i had runway for payroll. We were a little starving for money company but we had great products and a good operating team so we did what's called a reverse merger, which made us instantly a public company without a true ipo. It was really our first introduction to the public markets and we uplisted to Nasdaq  and from that point we've been a public company actually traded on Nasdaq.

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