Seeking Alpha

RXi Pharmaceuticals (RXII.OB) raises a gross $16.4M in a private placement led by OPKO Health...

RXi Pharmaceuticals (RXII.OB) raises a gross $16.4M in a private placement led by OPKO Health (OPK) and Frost Gamma Investments Trust, which is controlled by Teva Chairman Phillip Frost. RXi issues 113M shares at $0.145 each, the same as yesterday's closing price. The firm will also acquire substantially all of OPKO's RNAi-related assets in exchange for 50M shares, as well as milestone and royalty payments.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|