Noteworthy Medical Systems

Hahn Loeser represented Noteworthy Medical Systems in its acquisition of MARS Medical Systems, Inc., a company with a software product complimentary to our client’s suite of medical records software. In connection with the acquisition, a complete recapitalization of the company was accomplished, including conversion of over $50 million in preferred stock and various debt instruments into common stock and warrants. The recapitalization also involved bank financing and the issuance of a new series of preferred stock with detachable warrants. As a result, Noteworthy acquired a major new line of business and completely recapitalized its balance sheet.