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0 0 0.0480769230769231 0.0384615384615385 0.00961538461538462 0.0192307692307692 0.0336538461538461 0.0384615384615385
Stock impact report

MannKind Repays Maturing Debt Obligation; Buys Back Certain Warrants

MannKind Corporation (MNKD) 
Last mannkind corporation earnings: 2/25 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.mannkindcorp.com/press-releases
Company Research Source: GlobeNewswire
WESTLAKE VILLAGE, Calif., July 18, 2019 (GLOBE NEWSWIRE) -- MannKind Corporation (NASDAQ: MNKD) today announced the repayment of outstanding debt by an aggregate amount of approximately $4.0 million and the repurchase of a warrant to purchase approximately 3.3 million shares of common stock.  The Company repaid approximately $4.0 million of the Deerfield Financing Obligation that was due July 18, 2019 with $2.42 million in cash and by issuing 1,514,423 shares of the Company’s common stock valued at $1.04 per share, the closing price of the Company’s common stock on July 17, 2019 as reported on the Nasdaq Stock Market.   The Company also repurchased a warrant to acquire approximately 3.3 million shares of the Company’s common stock from the holder thereof for approximately $433,000.  Following the repurchase, the warrant was cancelled and is no longer issued and outstanding.  About MannKind Corporation MannKind Corporation (NASDAQ:MNKD) focuses on the development and commercializat Show less Read more
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