Brief: Cytrx Corp announces pricing of $20 mln public offering

LadRx

15/07/2016 12:30

July 15 (Reuters) - Cytrx Corp  CYTR.O  
    * Cytrx Corp announces pricing of $20 million public 
offering of common stock and warrants 
    * Priced offering of an aggregate of approximately 28.6 
million shares of common stock at a price to public of $0.70 per 
share 
    * Investors will also receive warrants to purchase up to 
approximately 28.6 million shares with an exercise price of 
$0.70 per share 
 
Source text for Eikon:  ID:nPn8GnQQCa  
Further company coverage:  CYTR.O  
 
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