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Yield10 Bioscience Announces Pricing of $2.9 Million Registered Direct Offering

Yield10 Bioscience, Inc (YTEN)  More Company Research Source: GlobeNewswire
US:NASDAQ Investor Relations: ir.yield10bio.com/investor-relations
PDF WOBURN, Mass., March 15, 2019 (GLOBE NEWSWIRE) -- Yield10 Bioscience, Inc. (Nasdaq:YTEN), a Company developing new technologies to create step-change improvements in crop yield to enhance global food security, today announced that it has entered into a securities purchase agreement with certain institutional investors and existing investor Jack W. Schuler, providing for the purchase and sale of 2,421,662 shares of common stock at $1.2101 per share in a registered direct offering, resulting in total gross proceeds of approximately $2.9 million. The price per share was equal to the closing price of the common stock on the Nasdaq Capital Market on March 13, 2019. The closing of the sale of the shares is expected to take place on or about March 18, 2019, subject to the satisfaction of customary closing conditions. Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc., (NYSE American:LTS) is acting as exclusive placement agent for the registered direc [Read more]

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