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Stock impact report

Galectin secures $10M credit line; shares ahead 30% after hours [Seeking Alpha]

Galectin Therapeutics Inc. (GALT) 
Last galectin therapeutics inc. earnings: 11/12 08:00 am Check Earnings Report
Company Research Source: Seeking Alpha
Galectin secures $10M credit line; shares ahead 30% after hoursNano cap Galectin Therapeutics (NASDAQ:GALT) is up30% after hours on increased volume on the heels of itsannouncement that it has inked a $10M unsecured credit facility with new director Richard Uihlein.Under the terms of the facility, the company can borrow at its discretion through year-end 2018.In consideration of the credit line, Mr. Uihlein received warrants to purchase up to 1M common shares at $5.00 per share.See all stocks on the move » Show less Read more
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