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Stock Market & Financial Investment News

News Breaks
March 4, 2014
06:37 EDTGTXIGTx raises $21.3M in a private placement
GTx announced today that it has entered into a securities purchase agreement with J.R. Hyde, III, the chairman of GTxs Board of Directors, and The Pyramid Peak Foundation, to issue and sell in a private placement to these purchasers an aggregate of 11,976,048 immediately separable units, comprised of an aggregate of 11,976,048 shares of GTx common stock and warrants to purchase up to 10,179,642 additional shares of common stock. The total purchase price payable to GTx for the units is $21,272,455.42, or approximately $1.77625 per unit. The warrants, which may only be exercised for cash, will have a per share exercise price of $1.67 and a one year term.
News For GTXI From The Last 14 Days
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December 19, 2014
16:12 EDTGTXIGTx files to sell 64.31M shares of common stock for holders
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