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Wrinkles

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Wrinkles

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Friday, 03/20/2015 9:50:32 AM

Friday, March 20, 2015 9:50:32 AM

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OXiGENE raises $10M in direct offering

Mar 20 2015, 08:54 ET | By: Douglas W. House, SA News Editor Contact this editor with comments or a news tip
In a direct offering to institutional investors, OXiGENE (NASDAQ:OXGN) sells $10M of common stock at $1.7125 per share plus a warrant to purchase one half share of common stock at $1.7125 for a five-year term. Closing date is March 25.Net proceeds will fund the advancement of fosbretabulin, OXi4503 and general corporate purposes.

http://seekingalpha.com/news/2382306-oxigene-raises-10m-in-direct-offering

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