Cardica, Inc. (NASDAQ:CRDC)

[stockwatcher12]

Cardica, Inc. (NASDAQ:CRDC) surged 6.45% to $1.65 with a huge volume of 518k shares in the early few minutes of the opening trade. Yesterday September 28, 2009 Cardica, Inc. announced that it has obtained commitments from institutional and individual investors to purchase approximately $10.2 million of its common stock and warrants to purchase common stock in a private placement. Cardica has entered into a securities purchase agreement …………………..
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