Response Genetics to raise $4M from private placement of over 3M newly issued shares
Response Genetics, Inc. announced today that it has entered into a purchase agreement with certain new and existing investors and certain funds managed by Lansdowne Partners Limited Partnership to raise approximately $4 million from the private placement of 3,005,349 newly issued shares of its common stock, at a purchase price of $1.31 per share. The signing of the purchase agreement occurred on Friday, March 5, 2010. We expect the final closing of the shares will occur on Monday, March 8, 2010..aspx”>Genetics, Inc. (Nasdaq:RGDX) announced today that it has
entered into a purchase agreement with certain new and existing
investors and certain funds managed by Lansdowne Partners Limited
Partnership to raise approximately $4 million from the private placement
of 3,005,349 newly issued shares of its common stock, at a purchase
price of $1.31 per share. The signing of the purchase agreement occurred
on Friday, March 5, 2010. We expect the final closing of the shares will
occur on Monday, March 8, 2010.
Source Response Genetics, Inc.
