NexGen Medical Systems Inc. of Reno is nearly halfway to its goal of raising $1.5 million in capital through the sale of debt with underlying stock-purchase warrants.
The company said in a filing with the Securities and Exchange Commission last week that it's sold $690,000 of the offering, which is limited to sophisticated and wealthy investors.
Privately held NexGen Medical Systems, headed by John Kucharczyk, its president and chief executive, is developing products for removal of blood clots from the head and neck along with other neurological-access devices.
