September 15, 2016 5:38pm

... To raise $8.7 M, another “I-Told-You-So”; CAPR closed Thursday DOWN -$0.07 to $3.83  and is DOWN -$0.45 or -12.10% in Friday's market

Review the book runner names – TALK ABOUT DESPERATE!!

 


 

CAPR intends to offer shares of its common stock in an underwritten public offering.

 

CAPR priced its offerings of 3 M shares at an offering price of $3.20 per share, before underwriting discounts with 312.5 K shares will be purchased by Cedars-Sinai Medical Center, its research partner ...

Capricor has granted the underwriters a 30-day option to purchase up to an additional 403,125 shares of its common stock.

The proceeds could be approximately $8.7 M after deducting underwriting discounts and commissions and other estimated offering expense

 

Roth Capital Partners and National Securities Corporation, a wholly-owned subsidiary of National Holdings, Inc., are acting as joint book-running managers for the offering

 

ELL