MannKind Announces $61 Million Registered Direct Offering of Common Stock
MannKind Corporation (MNKD)
Last mannkind corporation earnings: 2/25 08:00 am
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US:NASDAQ Investor Relations:
investors.mannkindcorp.com/press-releases
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Source: GlobeNewswire
WESTLAKE VILLAGE, Calif., Oct. 11, 2017 (GLOBE NEWSWIRE) -- MannKind Corporation (NASDAQ:MNKD) and (TASE:MNKD) today announced that it entered into definitive agreements with certain institutional investors and other investors in connection with a registered direct offering of an aggregate of 10,166,600 shares of common stock at an offering price of $6.00 per share, for gross proceeds of approximately $61 million. The offering is expected to close on or about October 13, 2017, subject to the satisfaction of customary closing conditions. “With this offering, we have made substantial progress in our efforts to recapitalize the company,” said Michael Castagna, Chief Executive Officer of MannKind. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. After deducting the placement agent's fees, the net proceeds to MannKind are expected to be approximately $57.7 million. MannKind intends to use the net proceeds from the offering for working capital and ge
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News
- MannKind Repays Certain Debt Obligations [Yahoo! Finance]Yahoo! Finance
- MannKind Repays Certain Debt ObligationsGlobeNewswire
- MannKind Corporation (NASDAQ:MNKD) down to US$1.2b market cap, but institutional owners may not be as affected after a year of 9.7% returns [Yahoo! Finance]Yahoo! Finance
- MannKind Announces CFO Transition [Yahoo! Finance]Yahoo! Finance
- MannKind CFO Steven Binder to retire [Seeking Alpha]Seeking Alpha
MNKD
Earnings
- 2/27/24 - Beat
MNKD
Sec Filings
- 4/22/24 - Form 3
- 4/5/24 - Form ARS
- 4/5/24 - Form DEFA14A
- MNKD's page on the SEC website