Reuters logo
BRIEF-ImmuCell to raise $3.5 mln in private placement
October 18, 2016 / 12:52 PM / a year ago

BRIEF-ImmuCell to raise $3.5 mln in private placement

Oct 18 (Reuters) - ImmuCell Corp :

* ImmuCell to raise $3.5 million in private placement

* Says co agreed to sell an aggregate total of 659,880 shares of common stock at a price of $5.25 per share to outside investors

* ImmuCell - New capital, cash flow from operations, bank debt, fully funds $20 million capex budget for construction of pharmaceutical facility to produce nisin Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below