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MEI Pharma raises $45.5M capital via stock offering

Dec. 02, 2021 12:43 AM ETMEI Pharma, Inc. (MEIP)By: SA News Team

Wall Street

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  • MEI Pharma (NASDAQ:MEIP) has priced the public offering of 17.5M shares of its common stock at $2.60/share for total gross proceeds of $45.5M.
  • Underwriters' over-allotment is an additional 2.625M shares.
  • Net proceeds will be used

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