Navigation Links
Celsion Corporation Announces $15 Million At-The-Market Registered Direct Offering
Date:1/15/2014

LAWRENCEVILLE, N.J., Jan. 15, 2014 /PRNewswire/ -- Celsion Corporation (the "Company") (NASDAQ: CLSN) today announced that it has received commitments from institutional investors to purchase an aggregate of approximately $15 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 3,603,603 shares of its common stock at a per share price of $4.1625.  Additionally, for each share of common stock purchased, investors will receive a Series A Warrant to purchase one-quarter of a share of our common stock at an exercise price of $4.10 per share, which shall be exercisable immediately and expire five years from the date of issuance, and a Series B Warrant to purchase one-quarter of a share of our common stock at an exercise price of $4.10 per share, which shall be exercisable immediately and expire one year from the date of issuance. The closing of the offering is expected to take place on or about January 21, 2014, subject to the satisfaction of customary closing conditions.

The estimated net proceeds to the Company from the offering are expected to be approximately $13.8 million.  With the net proceeds from this offering, the Company projects to have an unaudited cash and investment balance of approximately $57 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"
'/>"/>

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

Page: 1 2 3

Related medicine technology :

1. Celsion Corporation Announces Combined Clinical Data from Two Phase I Trials at the 2013 San Antonio Breast Cancer Conference
2. Celsion Corporation Announces Strategic Loan Facility
3. Celsion Corporation Reports Third Quarter 2013 Financial Results and Provides Business Update
4. Celsion Corporation to Hold Third Quarter 2013 Financial Results Conference Call on Tuesday, November 12, 2013
5. Celsion Corporation Announces Combined Clinical Data from Two Phase I Trials to be Presented at the 2013 San Antonio Breast Cancer Conference
6. Celsion Corporation Reports Second Quarter 2013 Financial Results and Provides HEAT Study Update
7. Celsion Corporation to Hold Second Quarter 2013 Financial Results Conference Call on Thursday, August 8, 2013
8. Celsion Corporation Issues Statement Regarding Misleading Blog Entry
9. Celsion Corporation Reports Year End 2012 Financial Results and Provides Business Update
10. Celsion Corporation to Hold Year-End 2012 Financial Results Conference Call On Monday, March 18, 2013
11. Luminex Corporation Fourth Quarter Earnings Release Scheduled for February 3, 2014
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/28/2015)... PLAINSBORO, N.J. , April 28, 2015 /PRNewswire-USNewswire/ ... treatments but they also require more of manufacturers, ... Times , the specialty pharmacy field,s premiere journal, ... Pharmacy (NASP), the only national trade association dedicated ... pharmacy businesses and clinicians to fill this growing ...
(Date:4/28/2015)... 28, 2015 The pharmacy information ... million by 2019, growing at a CAGR of 7.7% ... TOC of the pharmacy information systems market, to get ... provides a glimpse of the segmentation of pharmacy information ... by various tables and figures. http://www.micromarketmonitor.com/market-report/pharmacy-information-system-reports-2473565504.html ...
(Date:4/28/2015)... MAHWAH, N.J. , April 28, 2015 ... Tour," Stryker Orthopaedics, is kicking off tournament week by ... the second consecutive year appearing at the tournament, Stryker ... fans about the importance of joint health and mobility. ... Woodlands , Stryker is bringing new features to ...
Breaking Medicine Technology:Specialty Pharmacy Times Partners With National Association of Specialty Pharmacy to Improve Care for Patients 2Specialty Pharmacy Times Partners With National Association of Specialty Pharmacy to Improve Care for Patients 3Specialty Pharmacy Times Partners With National Association of Specialty Pharmacy to Improve Care for Patients 4Pharmacy Information Systems Market is Expected to Reach $3,876.3 Million by 2019, at a CAGR of 7.7% From 2014 to 2019 2Pharmacy Information Systems Market is Expected to Reach $3,876.3 Million by 2019, at a CAGR of 7.7% From 2014 to 2019 3The Stryker Mobility Zone Heads to Insperity Invitational for Second Consecutive Year 2The Stryker Mobility Zone Heads to Insperity Invitational for Second Consecutive Year 3The Stryker Mobility Zone Heads to Insperity Invitational for Second Consecutive Year 4
(Date:4/28/2015)... 28, 2015 Aultman Hospital in ... (WCA) to transition its outpatient wound center electronic ... commitment to the specialty of wound care by ... country currently working with Wound Care Advantage ... wound care treatments and hyperbaric oxygen therapy to ...
(Date:4/28/2015)... (PRWEB) April 28, 2015 Consolidated ... are moving forward nationwide, as courts overseeing proceedings ... next month. According to court documents issued in ... the next status conference in the federal Xarelto ... 9:00 a.m. C.S.T. (In Re: Xarelto Products ...
(Date:4/28/2015)... Seton Hall University Provost Larry A. Robinson has ... Dean of Seton Hall School of Law. She will begin ... Boozang, currently Associate Dean for Academic Advancement and Professor of ... launch and currently directs the school’s prestigious Center for ... 10 law health program by U.S. News & World Report ...
(Date:4/28/2015)... 2015 April 8th, 2015, saw ... “RockNRolla Movie Awards” EcoLuxe Lounge, with Choices Recovery ... Entertainment, Los Angeles’ leading producer of sustainable product ... force behind this event, which featured some of ... conscious products and services. The EcoLuxe Lounge is ...
(Date:4/28/2015)... April 28, 2015 Children’s Medical ... the cause of medical foods and formulas through ... as the organization’s new executive director. , Thousands ... health consequences because of conditions and diseases that ... diet. To live and thrive, they are ...
Breaking Medicine News(10 mins):Health News:Aultman Hospital Transitions Electronic Medical Record for Wound Center with Wound Care Advantage 2Health News:Aultman Hospital Transitions Electronic Medical Record for Wound Center with Wound Care Advantage 3Health News:Xarelto Lawsuits Move Forward Nationwide, with Scheduling of May Conferences in Federal, State Litigations 2Health News:Xarelto Lawsuits Move Forward Nationwide, with Scheduling of May Conferences in Federal, State Litigations 3Health News:Seton Hall University Announces Kathleen M. Boozang as New Dean for Law School 2Health News:Seton Hall University Announces Kathleen M. Boozang as New Dean for Law School 3Health News:Choices Recovery South Bend Examines Support Systems in Treatment with Hollywood's Mike Pericoloso 2Health News:Children's Medical Nutrition Alliance (CMNuA) Hires Kaycee Childress as Executive Director 2
... March 23 Master,s and doctoral degree ... Carolina public and private colleges and universities may ... for the 2010-11 academic year at the college information ... for the coming year, according to the North Carolina ...
... teleconference is just as effective as face-to-face sessions, according ... professor at the Universit de Montral. "Previous ... just as efficient as face to face contact," says ... Studies Centre at the Louis-H. Lafontaine Hospital,s Fernand-Seguin Research ...
... protein changes in the blood linked to alcohol use may ... currently available, according to Penn State College of Medicine researchers. ... substance abuse -- things like cocaine or heroin or PCP ... those over 21," said Willard M. Freeman, Ph.D., department of ...
... ... replacement, may be an appropriate first step for many people with knee joint arthritis ... the long-term feasibility of artificial knee replacement. , ... San Francisco, CA (PRWEB) March 22, 2010 -- Biologic ...
... Toys“R”Us, ... in April Activities , ... New York, NY (PRWEB) March 23, 2010 -- Autism Speaks ... awareness and fundraising initiatives involving a range of corporate and philanthropic partners that will ...
... that replacing saturated fats has heart benefits , ... with polyunsaturated fats may reduce your risk of heart ... Health researchers reviewed eight studies with a total of ... fats in their diet with polyunsaturated fats had a ...
Cached Medicine News:Health News:Nurse Educator of Tomorrow Scholarship Applications Are Now Available 2Health News:Nurse Educator of Tomorrow Scholarship Applications Are Now Available 3Health News:Nurse Educator of Tomorrow Scholarship Applications Are Now Available 4Health News:Therapy via teleconference? 2Health News:Proteins may point to alcohol use test 2Health News:Proteins may point to alcohol use test 3Health News:Biologic Joint Reconstruction Using Stem Cells Proven Successful In Patients With Arthritis 2Health News:Biologic Joint Reconstruction Using Stem Cells Proven Successful In Patients With Arthritis 3Health News:Biologic Joint Reconstruction Using Stem Cells Proven Successful In Patients With Arthritis 4Health News:Biologic Joint Reconstruction Using Stem Cells Proven Successful In Patients With Arthritis 5Health News:Autism Speaks Celebrates Autism Awareness Month With a Series of National Awareness and Fundraising Initiatives 2Health News:Autism Speaks Celebrates Autism Awareness Month With a Series of National Awareness and Fundraising Initiatives 3Health News:Autism Speaks Celebrates Autism Awareness Month With a Series of National Awareness and Fundraising Initiatives 4Health News:Autism Speaks Celebrates Autism Awareness Month With a Series of National Awareness and Fundraising Initiatives 5Health News:Autism Speaks Celebrates Autism Awareness Month With a Series of National Awareness and Fundraising Initiatives 6Health News:Autism Speaks Celebrates Autism Awareness Month With a Series of National Awareness and Fundraising Initiatives 7Health News:Polyunsaturated Fats Really May Lower Heart Risk 2
The Shandon Manual Staining Station is ideal for special processes, frozen sections, special stains and low volume procedures....
The Shandon Finesse 315 low-cost precision microtome is ergonomically designed to consistently produce high quality routine paraffin sections without user strain or fatigue....
The new Shandon HistocentreTM 3 is an integral part of the workflow in Histology laboratories, representing a workstation that complements any automatic tissue processor....
Shandon HistoWave is the answer to rapid tissue processing. It reduces time for fixation, tissue processing, decalification, immunochemistry and special stains....
Medicine Products: