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-0.139302325581395 -0.302325581395349 -0.511627906976744 -0.534883720930233 -0.557906976744186 -0.495348837209302 -0.459767441860465 -0.463023255813953
Stock impact report

iBio, Inc. Prices $5,000,000 Public Offering

iBio, Inc. (IBIO) 
NASDAQ:AMEX Investor Relations: ir.ibioinc.com
Company Research Source: GlobeNewswire
NEW YORK, Oct. 25, 2019 (GLOBE NEWSWIRE) -- IBIO, INC. (NYSE AMERICAN: IBIO) (“IBIO” OR THE “COMPANY”), today announced the pricing of an underwritten public offering with expected total gross proceeds of approximately $5,000,000, before deducting underwriting discounts, commissions and other offering expenses payable by the Company. The securities offered by the Company consist of (i) 2,450,000 shares of common stock, par value $0.001 per share (the “Common Stock”),  together with Series A Warrants (the “2 Year Warrants”) and Series B Warrants (the “7 Year Warrants”) to purchase, in the aggregate, up to 4,900,000 shares of common stock and (ii) 4,510 shares of Series C Preferred Stock (the “Preferred Stock”) convertible into 22,550,000 shares of common stock together with the 2 Year Warrants and the 7 Year Warrants to purchase, in the aggregate, up to 45,100,000 shares of common stock. The shares of Common Stock and accompanying 2 Year and 7 Year Warrants are being sold together a Show less Read more
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