Mr. Stephen Kilmer reports
TEARLAB ANNOUNCES WITHDRAWAL OF PROPOSED PUBLIC OFFERING OF COMMON STOCK
TearLab Corp. has withdrawn the proposed underwritten public offering of its common stock, due to market conditions.
The company believes that it is not in the best interest of its stockholders to raise equity capital in the current market environment. TearLab will continue to evaluate options to finance its business over the longer term while, at the same time, prudently managing its resources.
We seek Safe Harbor.
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