In order to enhance BioLife's financial position and provide its stockholders with increased liquidity opportunities, we assisted BioLife with a capital restructuring, a $15.4 million public offering of units and the conversion of $14.3 million of secured debt into equity. The completion of this restructuring allowed BioLife to uplist to the Nasdaq Capital Market.
BioLife restructures and uplists to Nasdaq Capital Market
BioLife Solutions is a leading developer, manufacturer and marketer of biopreservation and shipping products for cells, tissues and organs.