Celsion prices equity offering; shares down 20% [Seeking Alpha]
Celsion Corporation (CLSN)
Last celsion corporation earnings: 11/14 04:05 pm
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US:NASDAQ Investor Relations:
investor.celsion.com/investor-relations
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Source: Seeking Alpha
Celsion prices equity offering; shares down 20%Celsion (CLSN-19.6%) slumps on average volume in response to thepricing of its public offering of stock and warrants at a combined price of $2.50.The offering consists of 2.64M common shares and five-year warrants to purchase up to 1.32M common shares at $3.00. Each share of stock is being sold with 1/2 of a warrant.Gross proceeds should be ~$6.6M. Closing date is October 31. Net proceeds of ~$5.8M will be used for general corporate purposes.See all stocks on the move »
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