Brief: Idera Pharmaceuticals Says Co Entered Into A Securities Purchase Agreement

Aceragen

23/12/2019 21:20

Dec 23 (Reuters) - Idera Pharmaceuticals Inc  IDRA.O :
    * IDERA PHARMACEUTICALS - ON DEC. 23, CO ENTERED INTO A
SECURITIES
PURCHASE AGREEMENT
    * IDERA PHARMACEUTICALS - CO HAS ISSUED & SOLD SHARES OF
CO’S
SERIES B1 CONVERTIBLE PREFERRED STOCK, PAR VALUE $0.01/SHARE
    * IDERA PHARMACEUTICALS - CO HAS ISSUED & SOLD WARRANTS TO
PURCHASE SHARES OF THE CO’S STOCK, PAR VALUE $0.001/SHARE
    * IDERA PHARMACEUTICALS - ISSUED SHARES & WARRANTS FOR
AGGREGATE
GROSS PROCEEDS OF ABOUT $3.9 MILLION

Source: (https://bit.ly/2tEzlkK)
Further company coverage:  IDRA.O 

 ((Reuters.Briefs@thomsonreuters.com;))