Hansen Medical files $75 million shelf covering common stock and debt

By Devika Patel

Knoxville, Tenn., April 3 - Hansen Medical, Inc. filed a $75 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers common stock, warrants and debt securities.

The debt may be structured as convertibles.

Proceeds will be used to support sales, marketing and general administrative activities, for research and product development activities, for capital equipment and to fund working capital and other general corporate purposes.

The Mountain View, Calif.-based company develops and manufactures robotics designed to position, manipulate and control catheter technologies.

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