Press Releases

InVivo Therapeutics Announces Closing of $3.0 Million Registered Direct Offering Priced At-the-Market under Nasdaq Rules

Published: April 17, 2020

CAMBRIDGE, Mass. (April 17, 2020) – InVivo Therapeutics Holdings Corp. (NVIV) today announced the closing of its previously announced registered direct offering priced at-the-market under Nasdaq rules of 1,715,240 shares of its common stock at a purchase price of $1.75 per share.  The Company also issued to the purchasers of such shares unregistered warrants to purchase up to 1,715,240 shares of common stock.  The warrants have an exercise price of $1.62 per share, are exercisable immediately, and will expire five and one-half years from the date of issuance. H.C. Wainwright & Co. acted as the exclusive placement agent for the […]

View Article
InVivo Therapeutics Announces $3.0 Million Registered Direct Offering Priced At-the-Market under Nasdaq Rules

Published: April 15, 2020

CAMBRIDGE, Mass. (April 15, 2020) – InVivo Therapeutics Holdings Corp. (NVIV) today announced that it has entered into definitive agreements with several institutional investors for the purchase and sale of 1,715,240 shares of its common stock at a purchase price of $1.75 per share in a registered direct offering priced at-the-market under Nasdaq rules.  The Company also agreed to issue to the investors unregistered warrants to purchase up to 1,715,240 shares of common stock.  The warrants have an exercise price of $1.62 per share, are exercisable immediately, and will expire five and one-half years following the date of issuance.  The […]

View Article
InVivo Therapeutics Announces Closing of $7.0 Million Public Offering

Published: March 11, 2020

CAMBRIDGE, Mass. (March 11, 2020) – InVivo Therapeutics Holdings Corp. (Nasdaq: NVIV) today announced the closing of its previously announced public offering of 2,545,455 shares of common stock (or pre-funded warrants to purchase common stock in lieu thereof), together with warrants to purchase up to 2,545,455 shares of common stock at a combined effective price to the public of $2.75 per share (or pre-funded warrant) and associated warrant. The gross proceeds from this offering were approximately $7.0 million, before deducting the placement agent fees and estimated offering expenses payable by InVivo Therapeutics. H.C. Wainwright & Co. acted as exclusive placement […]

View Article
InVivo Therapeutics Announces Pricing of $7.0 Million Public Offering

Published: March 6, 2020

CAMBRIDGE, Mass. (March 6, 2020) – InVivo Therapeutics Holdings Corp. (NVIV) today announced the pricing of a public offering of 2,545,455 shares of its common stock (or pre-funded warrants to purchase common stock in lieu thereof), together with warrants to purchase up to 2,545,455 shares of common stock at a combined effective price to the public of $2.75 per share (or pre-funded warrant) and associated warrant. The gross proceeds from this offering are expected to be approximately $7.0 million, before deducting the placement agent fees and estimated offering expenses payable by InVivo Therapeutics. H.C. Wainwright & Co. is acting as […]

View Article
InVivo Therapeutics Announces Reverse Stock Split

Published: February 3, 2020

CAMBRIDGE, Mass. (February 3, 2020) – InVivo Therapeutics Holdings Corp. (Nasdaq: NVIV) today announced a 1-for-30 reverse stock split of its common stock and a proportionate reduction in its authorized common stock. The company anticipates the reverse stock split will become effective at 5:00 p.m. Eastern Time on February 11, 2020, and shares of InVivo Therapeutics common stock will trade on a post-split basis under the Company’s existing trading symbol, “NVIV,” at the market open on February 12, 2020. The new CUSIP number for the Company’s common stock following the reverse stock split will be CUSIP 46186M 506/ISIN US46186M5067. At […]

View Article
InVivo Therapeutics Announces Closing of Public Offering of Common Stock

Published: November 22, 2019

CAMBRIDGE, Mass. (November 22, 2019) – InVivo Therapeutics Holdings Corp. (NASDAQ: NVIV) today announced the closing of its previously announced public offering of 7,000,000 shares of its common stock, par value $0.00001 per share, at a price to the public of $0.12 per share. The gross proceeds from this offering are $840,000, before deducting the fees and estimated offering expenses payable by InVivo Therapeutics. The offering closed on November 22, 2019. H.C. Wainwright & Co. acted as exclusive placement agent for the offering. A registration statement on Form S-3 (File No. 333-234353) relating to the shares of common stock offered […]

View Article
InVivo Therapeutics Announces Pricing of Public Offering of Common Stock

Published: November 21, 2019

CAMBRIDGE, Mass. (November 21, 2019) – InVivo Therapeutics Holdings Corp. (NASDAQ: NVIV) today announced the pricing of a public offering of 7,000,000 shares of its common stock, par value $0.00001 per share, at a price to the public of $0.12 per share. The gross proceeds from this offering are expected to be $840,000, before deducting the fees and estimated offering expenses payable by InVivo Therapeutics. The offering is expected to close on or about November 22, 2019, subject to customary closing conditions. H.C. Wainwright & Co., is acting as exclusive placement agent in connection with the offering. A registration statement […]

View Article
InVivo Therapeutics Announces Proposed Public Offering of Common Stock

Published: November 18, 2019

CAMBRIDGE, Mass. (November 18, 2019) – InVivo Therapeutics Holdings Corp. (NASDAQ: NVIV) today announced that it has commenced a proposed public offering of shares of its common stock, par value $0.00001 per share. The proposed public offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. H.C. Wainwright & Co. is acting as exclusive placement agent for the offering. The shares described above will be offered pursuant to a shelf registration statement on Form S-3 (No. […]

View Article
InVivo Therapeutics Announces Appointment of Robert Rosenthal to Board of Directors

Published: November 12, 2019

CAMBRIDGE, Mass. (November 12, 2019) – InVivo Therapeutics Holdings Corp. (NVIV) today announced the appointment of Robert J. Rosenthal, Ph.D., to the Company’s Board of Directors, effective November 8, 2019. Dr. Rosenthal brings more than 25 years of experience to the InVivo Board as an accomplished executive and business leader in the biotechnology, therapeutics and medical device industries. With the addition of Dr. Rosenthal, InVivo’s Board has six members, five of whom are independent. “Dr. Rosenthal’s deep experience across a range of corporate functions, from corporate development and business operations, to strategic planning and capital market transactions, will be a […]

View Article
InVivo Therapeutics Provides Enrollment Update for INSPIRE 2.0 Study for the Treatment of Acute Spinal Cord Injury

Published: October 22, 2019

– First Five Patients Enrolled into Study, Reaching 25% Completion of Targeted Enrollment – CAMBRIDGE, Mass. (October 22, 2019) – InVivo Therapeutics Holdings Corp. (NVIV) today announced that a total of five patients have been enrolled into the INSPIRE 2.0 Study (InVivo Study of Probable Benefit of the Neuro-Spinal Scaffold™ for Safety and Neurologic Recovery in Subjects with Complete Thoracic AIS A Spinal Cord Injury), bringing the study to 25% completion of targeted enrollment. The first patient was enrolled into the INSPIRE 2.0 Study in May of 2019, and 14 sites are currently open for enrollment into the study. Richard […]

View Article

The information in the press releases on these pages was factually accurate on the date of publication. These press releases remain on the InVivo website for historical purposes only. InVivo assumes no duty to update the information to reflect subsequent developments. Readers should not rely upon the information in these pages as current or accurate after their publication dates.