MedicalCV Signs and Closes $13.6 Million Financing

MedicalCV announced that it has completed the sale of approximately $13.6 million of 5 percent Series A convertible preferred stock and common stock purchase warrants. In connection with the transaction, the company also converted approximately $4.4 million of debt into such securities.

PR Newswire (http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/04-04-2005/0003328922&EDATE=)