Inovio Pharmaceuticals Inc (INO)

[mlkrborn]

Inovio Pharma announces $3.5 mln underwritten financing (INO) 0.52 : Co announced that it has priced an underwritten public offering of 6,737,247 shares of its common stock and warrants to purchase up to 5,052,935 additional shares of its common stock purchased by five institutional investors. The shares of common stock and warrants are being offered in units, consisting of one share of common stock and 0.75 of a warrant to purchase one share of common stock, at a price of $0.5195 per unit.