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0.0676691729323307 0.12781954887218 0.12781954887218 0.12781954887218 0.0225563909774436 0.0451127819548873 0.0227067669172932 0.0369924812030075
Stock impact report

InVivo Therapeutics Announces Purchase Agreement for up to $15 Million with Lincoln Park Capital

InVivo Therapeutics Holdings Corp. (NVIV) 
Last invivo therapeutics holdings corp. earnings: 5/7 04:30 pm Check Earnings Report
Company Research Source: Business Wire
CAMBRIDGE, Mass.--(BUSINESS WIRE)-- InVivo Therapeutics Holdings Corp. (Nasdaq: NVIV) today announced that it has entered into a common stock purchase agreement with Lincoln Park Capital Fund, LLC (“Lincoln Park”), a Chicago-based institutional investor, under which the Company has the right to sell up to $15 million in shares of common stock to Lincoln Park over a twenty-four-month period, subject to certain limitations and conditions set forth in the purchase agreement and registration rights agreement, including: the company, in its sole discretion, controls the timing and amount of any sales of common stock; the purchase price is based on prevailing market prices with no warrants; Lincoln Park cannot require the company to make sales, but is obligated to make purchases as the company directs in accordance with the terms of the purchase agreement; Show less Read more
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