AspenBio Pharma (APPY) announces a secondary offering for an undisclosed amount of its common...
AspenBio Pharma (APPY) announces a secondary offering for an undisclosed amount of its common stock. The company intends to use the net proceeds for general corporate purposes, which includes conducting a clinical trial for its blood-based appendicitis test, and for working capital purposes. Aegis Capital is acting as the sole book-running manager for the offering. Shares -8.5% AH.
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