Immune Pharmaceuticals Inc. Completes Underwriter'
Post# of 297
Posted On: 11/29/2014 12:45:13 PM
Immune Pharmaceuticals Inc. Completes Underwriter's Exercise Of Partial Over-Allotment Option
| 3:15 PM |
[PR Newswire] - "Immune" or "the Company"), a clinical stage biopharmaceutical company that engages in the development and commercialization of targeted therapeutics for the treatment of inflammatory diseases and cancer, today completed the underwriter's exercise of partial over-allotment option of 459,697 units, at a price of $2.50 per unit, for gross proceeds of approximately $1.06 million, bringing the aggregate gross proceeds of the Company's previously announced underwritten public offering to $9.685 million. The Company received aggregate net proceeds of approximately $8.645 million, after deducting underwriting discounts and commissions and estimated offering expenses. In total, the Company issued 3,909,697 units, with each unit consisting of one share of the Company's common stock, par value $0.0001 per share, and one warrant to purchase 0.25 of a share of the Company's common stock, at an exercise price of $3.75 per a whole share.
http://us.rd.yahoo.com/finance/news/rss/story...00678.html
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| 3:15 PM |
[PR Newswire] - "Immune" or "the Company"), a clinical stage biopharmaceutical company that engages in the development and commercialization of targeted therapeutics for the treatment of inflammatory diseases and cancer, today completed the underwriter's exercise of partial over-allotment option of 459,697 units, at a price of $2.50 per unit, for gross proceeds of approximately $1.06 million, bringing the aggregate gross proceeds of the Company's previously announced underwritten public offering to $9.685 million. The Company received aggregate net proceeds of approximately $8.645 million, after deducting underwriting discounts and commissions and estimated offering expenses. In total, the Company issued 3,909,697 units, with each unit consisting of one share of the Company's common stock, par value $0.0001 per share, and one warrant to purchase 0.25 of a share of the Company's common stock, at an exercise price of $3.75 per a whole share.
http://us.rd.yahoo.com/finance/news/rss/story...00678.html
~ This Week's OTC News In Review! ~
Covering the entire market and teaching traders! Visit here to learn technicals and fundamentals >>
http://www.stockgoodies.com/lessons.html
~ http://www.fallenheroesfund.org/ ~
St. Jude 2014 Drive has started >> http://tinyurl.com/St-Jude-2014
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