enVVeno Medical expects cash to fund operations through several milestones

The Company ended the quarter with $25.7 million in cash and investments. Subsequent to the quarter, the Company closed a private placement raising approximately $28.0 million gross cash proceeds. This financing has the potential to fund the Company through several significant milestones, including the release of initial topline efficacy data from SAVVE, our anticipated FDA pre-market approval of the VenoValve, the beginning of preparations for VenoValve commercialization, and accelerated plans for the pivotal trial for enVVe.