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BRIEF-Capnia enter into common stock purchase agreements
March 8, 2017 / 10:18 PM / 7 months ago

BRIEF-Capnia enter into common stock purchase agreements

March 8 (Reuters) - Capnia Inc:

* On March 7, entered into common stock purchase agreements with certain new and existing investors - SEC filing

* The investors previously delivered non-binding indications of interest to co to participate in a financing of up to $8 million

* The financing of up to $8 million is in connection with pending merger of Essentialis Inc

* Capnia Inc - agreed to sell to purchasers, in a private placement, an aggregate of 8.33 million shares of Capnia common stock, par value $0.001 per share Source text: (bit.ly/2m3NpMf) Further company coverage:

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