InvestorsHub Logo
Post# of 253281
Next 10
Followers 31
Posts 3757
Boards Moderated 0
Alias Born 01/29/2012

Re: Titan V post# 207504

Tuesday, 01/03/2017 4:08:40 PM

Tuesday, January 03, 2017 4:08:40 PM

Post# of 253281
Interpace Diagnostics Announces $4.2 Million Registered Direct Offering of Common Stock
http://www.prnewswire.com/news-releases/interpace-diagnostics-announces-42-million-registered-direct-offering-of-common-stock-300384916.html

PARSIPPANY, N.J., Jan. 3, 2017 /PRNewswire/ -- Interpace Diagnostics Group, Inc. (NASDAQ: IDXG)("Interpace" or the "Company"), a company that provides clinically useful molecular diagnostic tests and pathology services, today announced that it has entered into a securities purchase agreement with certain institutional investors to purchase an aggregate of 375,000 shares of common stock at a price of $6.75 per share and an aggregate of 255,000 pre-funded warrants to purchase common stock, at a purchase price of $6.74 per share, with $0.01 per share payable upon exercise of each pre-funded warrant, in a registered direct offering with aggregate gross proceeds of approximately $4.2 million. The offering is expected to close on or about January 6, 2017, subject to the satisfaction of customary closing conditions.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.