JenaValve Technology, Inc. announced that it has entered into series B purchase agreement and will issue 2,800,000 series B preferred shares at a price of $13.6074 per share for the gross proceeds of $38,100,720 on January 6, 2019. The shares will be convertible into common shares at a fixed conversion price of $13.6074 per share. The company will receive $14,491,952 pursuant to exemption provided under Regulation D.