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Stock impact report

Delcath Systems announces $7 million private placement [Seeking Alpha]

Delcath Systems, Inc. (DCTH) 
US:NASDAQ Investor Relations: delcath.com/investors
Company Research Source: Seeking Alpha
Delcath will issue and sell 876,627 shares of its common stock at a price per share of $3.72, and, to certain investors, in lieu of shares of common stock, 1,008,102 pre-funded warrants to purchase up to 1,008,102 shares of common stock at a price per pre-funded warrant of $3.71. Delcath expects to receive gross proceeds of about $7 million before deducting offering expenses payable by Delcath. Delcath intends to use the net proceeds for working capital purposes and other general corporate purposes. The private placement is expected to close on March 19. DCTH premarket to $3.82. Recommended For You More Trending News DCTH - Delcath Systems, Inc. Recommended For You More Trending News About DCTH Stock Related Stocks Trending Analysis Trending News Show less Read more
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