-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 WZ6x+AAA9lxZ+FOIGBIfauhnNxkZETDVTs6eoN+LVXAykhmaWKGqCmfJcgDMjnL5
 d4kSvlfXdTL2QdIHmFENVQ==

<SEC-DOCUMENT>0001181431-09-049896.txt : 20091104
<SEC-HEADER>0001181431-09-049896.hdr.sgml : 20091104
<ACCEPTANCE-DATETIME>20091104131447
ACCESSION NUMBER:		0001181431-09-049896
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20091104
DATE AS OF CHANGE:		20091104
EFFECTIVENESS DATE:		20091104

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NovaRay Medical, Inc.
		CENTRAL INDEX KEY:			0001383529
		STANDARD INDUSTRIAL CLASSIFICATION:	X-RAY APPARATUS & TUBES & RELATED IRRADIATION APPARATUS [3844]
		IRS NUMBER:				161778998
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-113210
		FILM NUMBER:		091157168

	BUSINESS ADDRESS:	
		STREET 1:		1850 EMBARCADERO ROAD
		CITY:			PALO ALTO
		STATE:			CA
		ZIP:			94303
		BUSINESS PHONE:		4089665738

	MAIL ADDRESS:	
		STREET 1:		1850 EMBARCADERO ROAD
		CITY:			PALO ALTO
		STATE:			CA
		ZIP:			94303

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Vision Acquisition I, Inc
		DATE OF NAME CHANGE:	20061213
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001383529</cik>
        <entityName>NovaRay Medical, Inc.</entityName>
        <issuerAddress>
            <street1>39655 Eureka Drive, Suite A</street1>
            <city>Newark</city>
            <stateOrCountry>CA</stateOrCountry>
            <zipCode>94560</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>(510) 619-9200</issuerPhoneNumber>
        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
        <issuerPreviousNameList>
            <previousName>Vision Acquisition I, Inc.</previousName>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <previousName>Vision Acquisition I, Inc</previousName>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2006</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Marc</firstName>
                <lastName>Whyte</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>39655 Eureka Drive</street1>
                <city>Newark</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>94560</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>William</firstName>
                <lastName>Frederick</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>39655 Eureka Drive</street1>
                <city>Newark</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>94560</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Lynda</firstName>
                <lastName>Wijcik</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>39655 Eureka Drive</street1>
                <city>Newark</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>94560</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>David</firstName>
                <lastName>Dantzker</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>39655 Eureka Drive</street1>
                <city>Newark</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>94560</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>George</firstName>
                <lastName>Hersbach</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>39655 Eureka Drive</street1>
                <city>Newark</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>94560</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>David</firstName>
                <lastName>Foster</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>39655 Eureka Drive</street1>
                <city>Newark</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>94560</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Jack</firstName>
                <lastName>Price</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>39655 Eureka Drive</street1>
                <city>Newark</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>94560</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Carl</firstName>
                <lastName>Kleidman</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>39655 Eureka Drive</street1>
                <city>Newark</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>94560</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Other Health Care</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>No Revenues</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2009-10-27</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
            <isOptionToAcquireType>true</isOptionToAcquireType>
            <isSecurityToBeAcquiredType>true</isSecurityToBeAcquiredType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>10000000</totalOfferingAmount>
            <totalAmountSold>5855414</totalAmountSold>
            <totalRemaining>4144586</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>1</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse>Executive officers and directors will not receive direct payments from proceeds, only compensation for services rendered and bonuses</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>true</authorizedRepresentative>
            <signature>
                <issuerName>NovaRay Medical, Inc.</issuerName>
                <signatureName>/s/ Marc Whyte</signatureName>
                <nameOfSigner>Marc Whyte</nameOfSigner>
                <signatureTitle>President and Chief Executive Officer</signatureTitle>
                <signatureDate>2009-11-04</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----