Brief: Acura Pharmaceuticals to raise approximately $7.6 mln

Acura Pharmaceuticals

01/07/2015 11:15

July 1 (Reuters) - Acura Pharmaceuticals Inc  ACUR.O : 
 * To raise approximately $7.6 million from institutional healthcare investors 
 * Entered into agreement with institutional investors to sell 9.8 million 
   shares at $0.78 per share, payable at closing 
 * After placement agent fees and estimated offering expenses payable by co, 
   expects to receive net proceeds of about $7.05 million 
 
* Source text for Eikon  ID:nMKWdYTbFa  
 
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