CytoSorbents shares are trading higher after the company entered into a new $20 million credit facility with Avenue Capital Group.
Portfolio Pulse from Benzinga Newsdesk
CytoSorbents shares are trading higher after the company entered into a new $20 million credit facility with Avenue Capital Group.
July 02, 2024 | 5:04 pm
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CytoSorbents shares are trading higher after the company entered into a new $20 million credit facility with Avenue Capital Group.
The new $20 million credit facility provides CytoSorbents with additional financial resources, which is likely to be viewed positively by investors, leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100