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ImmuCell inks private placement of stock at $5.25, almost 33% below yesterday's close

Oct. 18, 2016 9:02 AM ETImmuCell Corporation (ICCC) StockICCCBy: Douglas W. House, SA News Editor
  • ImmuCell (NASDAQ:ICCC) enters into agreements with institutional investors for the direct placement of 659,880 shares of common stock at $5.25, representing a 32.5% discount from yesterday's close of $7.7801. No warrants are being offered.
  • Proceeds will help fund capex.

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