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BRIEF-Biolase to raise $10.5 mln from institutional and individual investors in a private placement

April 13 Biolase Inc

* Biolase to raise $10.5 million from institutional and individual investors in a private placement

* Biolase - As per private placement, co agreed to sell 80,644 shares of a newly created series of convertible preferred stock at per share price of $124.00

* Biolase Inc - Proceeds will be used for working capital, including but not limited to new product development, launch and subsequent scale-up Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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