Kurssprung nach langer Abwärtstendenz
Seite 1 von 6 Neuester Beitrag: 25.04.21 01:09 | ||||
Eröffnet am: | 01.06.16 11:10 | von: Saramee | Anzahl Beiträge: | 139 |
Neuester Beitrag: | 25.04.21 01:09 | von: Mandyyriga | Leser gesamt: | 47.483 |
Forum: | Hot-Stocks | Leser heute: | 5 | |
Bewertet mit: | ||||
Seite: < 1 | 2 | 3 | 4 | 5 | 6 6 > |
Immune Pharma inks convertible debt deal at $1.75; shares slump 45%
Aug. 24, 2017 9:38 AM ET|About: Immune Pharmaceuticals... (IMNP)|By: Douglas W. House, SA News Editor
•Immune Pharmaceuticals (IMNP -45%) enters into an agreement with institutional investors for the sale of $858K aggregate principal amount of convertible debentures. The conversion price will be $1.75 per common share but could drop as low as $1.00 under certain conditions.
•Net proceeds should be $660K.
•The company has also lowered the conversion price of an earlier (May 4) convertible debt deal to $1.30 from $2.89 in order to secure investors' support for the new transaction.
•Yesterday's close was $2.20.
Story in BioWorld by Michael Fitzhugh.
Preliminary data on three additional patients enrolled in a small open-label study of Immune Pharmaceuticals Inc.s bertilimumab, an experimental treatment for the rare blistering disease bullous pemphigoid (BP), continued to suggest it may offer an effective alternative to systemic corticosteroids, a standard but imperfect therapy for the condition. Immune, which is seeking an FDA orphan designation for the candidate, expects to complete the proof-of-concept study and report final results in early 2018. Company shares (NASDAQ:IMNP) rose 16.7 percent to $1.40 by Wednesdays close.
Download PDF