December 19, 2016 / 2:49 PM / 8 months ago

BRIEF-Microport Scientific says units entered into investment agreement

Dec 19 (Reuters) - Microport Scientific Corp

* Microport Neurotech And Microport Neurotech China entered into investment agreement with target company

* Microport Neurotech China agreed to subscribe for convertible bonds in principal amount of us$10 million.

* Microport Neurotech to subscribe for 8.1 million subscription shares at subscription price of us$0.62 per subscription share

* Microport Neurotech agreed to subscribe for an aggregate of 8,064,516 subscription shares at total consideration of us$5 million Source text for Eikon: Further company coverage:

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