Home » IMMTECH ANNOUNCES PRICING OF COMMON STOCK OFFERING
IMMTECH ANNOUNCES PRICING OF COMMON STOCK OFFERING
Immtech International, Inc. today announced the pricing of an underwritten public
offering of 2,000,000 shares of its common stock at a price of $8.00 per share.
The gross proceeds to the Company are expected to be $16 million. The offering
is being made pursuant to a shelf registration statement that was declared effective
by the U.S. Securities and Exchange Commission on February 7, 2006. The Company
granted the underwriter a 30-day option to purchase an additional 300,000 shares
to cover over-allotments.
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