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Viking Therapeutics inks $12.5M stock purchase deal with Aspire Capital

Aug. 25, 2016 10:30 AM ETViking Therapeutics, Inc. (VKTX) StockVKTXBy: Douglas W. House, SA News Editor1 Comment
  • Viking Therapeutics (VKTX +1.5%) enters into a common stock purchase agreement with Aspire Capital Fund, LLC under which Aspire will buy up to $12.5M in stock over the next 30 months at market prices at Viking's discretion.
  • Aspire has made an initial purchase of $500K in shares at $1.50. Net proceeds will be used for general corporate purposes.

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