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-0.00215053763440856 -0.0129032258064517 0.086021505376344 0.223655913978495 0.354838709677419 0.318279569892473 0.326881720430107 0.286387096774193
Stock impact report

CASI Pharmaceuticals Announces $15 Million Private Placement Financing by Venrock Healthcare Capital Partners, Foresite Capital, Panacea Venture and Dr. Wei-Wu He [Yahoo! Finance]

CASI Pharmaceuticals, Inc. - Ordinary Shares (CASI) 
Last casi pharmaceuticals, inc. - ordinary shares earnings: 11/12 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: casipharmaceuticals.com/investor-relations
Company Research Source: Yahoo! Finance
in the development and commercialization of innovative therapeutic and pharmaceutical products, announced today that it has entered into securities purchase agreements with certain investors for a private investment in public equity financing (the "PIPE Transaction") that is expected to result in aggregate gross proceeds of approximately $15.0 million , before deducting placement agent fees and other private placement expenses. The PIPE Transaction is being led by Venrock Healthcare Capital Partners and Foresite Capital, with participation by Panacea Venture and Dr. Wei-Wu He , the Chairman of the board of directors and Chief Executive Officer of the Company and his family trust. In the PIPE Transaction, CASI is selling an aggregate of 1,020,000 ordinary shares of the Company, at a price of per ordinary share, and in the case of two investors, pre-funded warrants to purchase up to an aggregate of 1,980,000 ordinary shares at a per-share pre-funded exercise price of . Each pre-fund Show less Read more
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