InvestorsHub Logo
Followers 29
Posts 2503
Boards Moderated 0
Alias Born 04/09/2010

Re: The Silver Man post# 11462

Monday, 02/10/2014 12:35:52 PM

Monday, February 10, 2014 12:35:52 PM

Post# of 15766
$MSTX I sold today because of the 30 million plus shares that are coming at the market. Definite dilution.

Item 1.01. Entry into a Material Definitive Agreement.
On February 10, 2014, Mast Therapeutics, Inc. (the "Company") entered into a Sales Agreement (the "Sales Agreement") with Cowen and Company, LLC ("Cowen") to sell shares of its Common Stock, par value $0.001 (the "Common Stock"), having an aggregate offering price of up to $30,000,000 (the "Shares") from time to time, through an "at-the-market" equity offering program (the "ATM Offering") under which Cowen will act as sales agent.

The offer and sale of the Shares will be made pursuant to the Company's effective "shelf" registration statement on Form S-3 (File No. 333-179989), the base prospectus contained therein, dated May 1, 2012, and a prospectus supplement related to the ATM Offering, dated February 10, 2014.




http://bit.ly/1gmJv7O