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Specialist producer of pharmaceutical and medical devices for oncology, Delcath Systems Inc. (NASDAQ:DCTH) recently announced the pricing of an underwritten public offering of 13,333,340 shares of its common stock at $1.50 a share.
The company also priced warrants that entitle holders to purchase up to 4,000,002 shares at an exercise price of $1.65 a share. The offering will generate gross proceeds of $20 million.
After the deduction of underwriters’ discounts and estimated offering expenses, this … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards