Immune Pharmaceuticals Inc (fka IMNPQ)

[Investor100]

Immune Pharmaceuticals Receives $2 Million Investment in Common Stock at $0.50 per Share

Nice to see a bump in the PPS this morning!

https://finance.yahoo.com/news/immune-pharmaceuticals-receives-2-million-113000884.html

NEW YORK, Sept. 7, 2016 /PRNewswire/ -- Immune Pharmaceuticals Inc. (IMNP) ("Immune"), a biopharmaceutical company focused on the development of targeted therapeutics for the treatment of inflammatory diseases and cancer, announced today that it has entered into a stock purchase agreement with an existing stockholder for the sale of 4,000,000 shares of the Company's common stock at a fixed price of $0.50 per share, for gross proceeds of $2,000,000. There are no warrants, no restrictive covenants, and no restrictions on use of proceeds.

For full disclosure, please refer to the Form 8-K filed on September 7, 2016.

Investor 100