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Stock Market & Financial Investment News

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August 22, 2014
08:12 EDTWGBSWafergen Biosystems raises $20M in a common stock and warrant offering
Each unit sold in the offering consists of 2,000 shares of common stock and 2,000 warrants to purchase shares of the Company's common stock. A total of 4,000,000 shares of common stock and warrants to purchase 4,000,000 shares of common stock will be issued in the offering. The warrants have a term of five years and an exercise price of $5.00 per share. Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Financial Services Inc., is acting as sole book-running manager and National Securities Corporation and Brean Capital, LLC are acting as co-managers.
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