Brief: ImmuCell to raise $3.5 mln in private placement

ImmuCell

18/10/2016 13:07

Oct 18 (Reuters) - ImmuCell Corp  ICCC.O : 
    * 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:  ID:nMKWVmYvTa  
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