Navigation Links
Celsion Corporation Announces $9.83 Million Registered Direct Offering
Date:5/31/2013

LAWRENCEVILLE, N.J., May 31, 2013 /PRNewswire/ -- Celsion Corporation (NASDAQ: CLSN) (the "Company") today announced that it has received commitments from institutional investors to purchase an aggregate of approximately $9.83 million of the Company's common stock in an at-the-market registered direct offering led by a dedicated health care fund.

The Company entered into definitive purchase agreements with these investors pursuant to which the Company agreed to sell an aggregate of 6,264,492 shares of its common stock at a per share price of $1.57.  The shares were priced at-the-market with no discount to the previous day's closing bid price.  In addition, there were no warrants issued as part of this financing transaction.  The closing of the offering is expected to take place on or about June 4, 2013, subject to the satisfaction of customary closing conditions.

The estimated net proceeds to the Company from the offering are expected to be approximately $9.1 million.  With the net proceeds from this offering, the Company projects to have an unaudited cash and investment balance of approximately $50 million.  The Company intends to use the net proceeds from this offering for general corporate purposes.

H.C. Wainwright & Co., LLC  acted as exclusive placement agent in connection with the offering.

A shelf registration statement (File No. 333-183286) relating to the shares issued in the offering has been filed with and declared effective by the Securities and Exchange Commission (the "SEC").  A prospectus supplement relating to the offering will be filed by the Company with the SEC.  Copies of the prospectus supplement, together with the accompanying prospectus, can be obtained at the SEC's website at http://www.sec.gov, from request at H.C. Wainwrig
'/>"/>

SOURCE Celsion Corporation
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3

Related biology technology :

1. Celsion Corporation Reports First Quarter 2013 Financial Results and Provides Business Update
2. Celsion Corporation to Hold First Quarter 2013 Financial Results Conference Call on Thursday, May 9, 2013
3. Celsion Corporation Provides Business Update
4. Todays Research on Celsion, Zogenix, Actavis, and Avanir Pharma
5. Celsion Corporation Announces $15 Million Registered Direct Offering
6. Sigma-Aldrich Corporation Presentations At Three Upcoming Conferences To Be Webcast Live
7. Celladon Corporation Selected as Winner of Red Herrings "Top 100 North America Tech Startup"
8. The Renewable Corporation (RNWB) through its wholly owned subsidiary EcoSmart Surface & Coating Technologies receives results from Product Test Service.
9. Cadwalader Advises Elan Corporation in Billion Dollar Royalty Deal
10. Celladon Corporation and SIRO Clinpharm Announce Presentation at "Statisticians in the Pharmaceutical Industry International Conference"
11. ETEX Corporation announces extended Supply Agreement with Knee Creations, LLC
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/31/2014)... Fla. , Oct. 31, 2014  Tavistock ... owned by Tavistock Group, celebrated the groundbreaking of the ... Medical City. The 92,000-square-foot, three-story ... Central Florida designed specifically for ... in the heart of the 650-acre Lake Nona ...
(Date:10/30/2014)... Global polyvinyl chloride (PVC) demand registered a significant ... especially in North America and Europe. However, the global ... a growing trend. , The largest chunk of the ... segment. In 2013, the key PVC application spheres included ... film. Moreover, the PVC was consumed in the production ...
(Date:10/30/2014)... James Sherley says he has been working ... cell technology since his days as a principal investigator at ... late 1990’s. Sherley founded the ASCTC as a new ... the intellectual property developed in Sherley’s research over the years ... of Technology (MIT), and more recently as a senior scientist ...
(Date:10/30/2014)... Isis Pharmaceuticals, Inc. (NASDAQ: ISIS ), ... present a company overview at the Nomura Biotechnology Conference on ... Boston, MA. A live webcast ... Media" section of the Company,s website, www.isispharm.com .  A ... hours and will be archived for a limited time. ...
Breaking Biology Technology:GuideWell Innovation Center Groundbreaking Hosted by Tavistock Development Company at Lake Nona Medical City 2GuideWell Innovation Center Groundbreaking Hosted by Tavistock Development Company at Lake Nona Medical City 3Global Polyvinyl Chloride Demand Is on Upward Trend Now, Says Merchant Research & Consulting in Its Topical Study 2Global Polyvinyl Chloride Demand Is on Upward Trend Now, Says Merchant Research & Consulting in Its Topical Study 3Boston’s Adult Stem Cell Technology Center, LLC Introduces A New Technology for Monitoring Previously Elusive Adult Stem Cells 2Boston’s Adult Stem Cell Technology Center, LLC Introduces A New Technology for Monitoring Previously Elusive Adult Stem Cells 3Boston’s Adult Stem Cell Technology Center, LLC Introduces A New Technology for Monitoring Previously Elusive Adult Stem Cells 4Isis Pharmaceuticals to Present at the Nomura Biotechnology Conference 2
... Corporation,(OTC Bulletin Board: CONX), a worldwide developer and ... Test at the,American Diabetes Association,s 68th Scientific Sessions. ... - 9, 2008, at the Moscone Convention,Center in ... time the AspirinWorks test will be exhibited at,the ...
... Ongoing Live-Cell Research, MELVILLE, N.Y., June ... and Northwestern University,s Feinberg School of,Medicine announced ... imaging,center, establishing a partnership that brings improved ... for Nikon,product development. One of only three ...
... Therapeutics, a drug,and diagnostic company, today announces that ... 1st as Chief Operating Officer. At the next,meeting ... CEO (President du,Directoire)., Laurent Condomine, Chairman of ... Loic Maurel joining ExonHit Therapeutics. His,experience and track ...
Cached Biology Technology:Corgenix to Exhibit AspirinWorks(R) Test at ADA 2008 Meeting in San Francisco 2Corgenix to Exhibit AspirinWorks(R) Test at ADA 2008 Meeting in San Francisco 3Nikon Instruments Opens New Imaging Center at Northwestern University 2Nikon Instruments Opens New Imaging Center at Northwestern University 3Loic Maurel Joins Exonhit Therapeutics to Become CEO 2Loic Maurel Joins Exonhit Therapeutics to Become CEO 3Loic Maurel Joins Exonhit Therapeutics to Become CEO 4
(Date:10/29/2014)... Researching the safety of nanoparticles is all the rage. ... topic, examining the question of whether titanium dioxide nanoparticles ... into the body, whether carbon nanotubes from electronic products ... to be or whether nanoparticles in food can get ... Public interest is great, research funds are flowing – ...
(Date:10/29/2014)... decompose, their types and numbers of bugs and ... mean the difference between a closed case and ... using a more than $866,000 U.S. Department of ... these changing populations. The microbial communities may provide ... gender, race, socioeconomic relations and more, said Eric ...
(Date:10/29/2014)... of stem cell, those referred to as ,facultative, form ... apparently nothing that differentiates these cells from the others. ... retain the capacity to become stem cells again. This ... organ that hosts cells that stimulate tissue growth, thus ... of a transplant. Knowledge of the underlying mechanism ...
Breaking Biology News(10 mins):Nanosafety research: The quest for the gold standard 2Nanosafety research: The quest for the gold standard 3MSU partners with Detroit to investigate death scenes 2A mechanism that allows a differentiated cell to reactivate as a stem cell revealed 2
... new study of transfer RNA, a molecule that delivers amino ... ideas about the evolutionary history of protein synthesis., In the ... (reading the genetic blueprint for a protein, and adding a ... appear to have originated independently of one another. The new ...
... a devastating new wheat disease strain which could lead to ... in the United States, with funding from the Bill & ... undertake the research as part of the Durable Rust Resistance ... the fungus, wheat stem rust. World leaders in rust ...
... has been honored for his role in the development ... who suffer severe, life-threatening injuries in Iraq and Afghanistan. ... for Combat Casualty Care Award was presented to Stucky ... annual meeting in Florida. The ATACCC convention is the ...
Cached Biology News:Study reveals surprising details of the evolution of protein translation 2CSIRO enlisted to avert global wheat supply crisis 2UCSB chemistry professor receives top military award for life-saving gauze 2UCSB chemistry professor receives top military award for life-saving gauze 3
The filter 605DF50 for the Molecular Imager FX is a band pass filter for ethidium bromide, SYPRO Red, SYPRO Ruby, Alexa Fluor 532 and 546, and Cy3 dyes when using the 635 nm laser....
The sample holders for gels are used to hold gels in place in the multi-sample tray I, which is used with Molecular Imager FX imaging systems....
... APO-DIRECT is a single-step staining method ... cells by flow cytometry. The kit contains ... apoptosis in cells including: positive and negative ... reaction and rinsing buffers for processing individual ...
... is specifically for electrofocusing. It ... is recommended for electrofocusing of ... or complexes that are subject ... sieving in polyacrylamide gels. Supplied ...
Biology Products: