Synthetic Biologics (SYN) Enters $20.7M Direct Offering at $1.47/Unit – StreetInsider.com (subscription)

Synthetic Biologics (SYN) Enters $20.7M Direct Offering at $1.47/Unit
StreetInsider.com (subscription)
Each unit consists of one share of the Company’s common stock and a warrant to purchase 0.5 shares of the Company’s common stock at an exercise price of $1.75 per share, which represents approximately a 25% premium to the Company’s closing stock price
Synthetic Biologics To Raise About $20.7 Mln In Registered Direct OfferingNASDAQ

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