11:08 AM EST - Canadian Imperial Bank of Commerce : Announces a $25 million debt financing for Massachusetts-based Podimetrics Inc, an integrated clinical care service company that helps prevent amputations in patients suffering from complex diabetes. Podimetrics plans to use the growth capital to expand its commercial operations. Founded in 2011, Podimetrics created the SmartMat™, an easy-to-use, at-home mat that detects temperature changes in patient’s feet and alerts Podimetrics’ clinical and patient support team of potential health issues. The company aims to drive broader adoption of the SmartMat™ to help improve care outcomes for at-risk patients dealing with diabetic foot ulcers. Canadian Imperial Bank of Commerce
shares T.CM are trading up $0.35 at $64.32.
