Brattle Street Investment Corp. Focuses On Medical Device Investment Opportunities
August 18 2020 - 7:08PM
Brattle Street Investment Corp. (“
Brattle Street”
or the “
Company”) (TSXV:BRTL), today announced its
interest in pursuing investment opportunities in the US medical
device and healthcare industry.
“The U.S. medical device industry, from design
to manufacturing to distribution, is highly fragmented with
thousands of small, fast-growing private companies with valuable
intellectual property and generous margins. This fragmentation,
along with the performance of the public markets, may make this
particular industry ripe with opportunity to take advantage of a
private to public arbitrage and deliver value to our investors,”
said Chairman Michael Dalsin. “As an example of the public market
performance, IHI (the I Shares Dow Jones Medical Device ETF) has
appreciated roughly 19.4% over the trailing twelve months,
outperforming the S&P 500, which grew roughly 15.6% during the
same time.”
The Company encourages any investors who believe
they have suitable opportunities for the Company, specifically
medical device companies already generating revenues in the US
market, to send more information to IR@inspirafin.com.
The Company also announces that its directors
have granted options to acquire up to 925,000 common shares of the
Company at $0.14 per share, exercisable for five years to three
directors, officers and employees.
The securities referred to in this news release
have not been, nor will they be, registered under the United States
Securities Act of 1933, as amended, and may not be offered or sold
within the United States or to, or for the account or benefit of,
U.S. persons absent U.S. registration or an applicable exemption
from the U.S. registration requirements. This news release does
not constitute an offer for sale of securities, nor a solicitation
for offers to buy any securities. Any public offering of
securities in the United States must be made by means of a
prospectus containing detailed information about the company and
management, as well as financial statements.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Brattle Street Investment CorpMichael DalsinChairman1 (844)
877-7562IR@inspirafin.comwww.inspirafin.com
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