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Repros Therapeutics (RPRX) Prices 3.5M Shares at $1.27/Share

October 8, 2009 9:49 AM EDT
RPRX Hot Sheet
Overall Analyst Rating:
    BUY (= Flat)

Revenue Growth %: -99.6%
Repros Therapeutics (Nasdaq: RPRX) today announced that Repros has entered into a definitive agreement with institutional investors to sell 3.5 million shares of its common stock at $1.27 per share for gross proceeds of approximately $4.4 million. The offering is expected to close on or about October 9, 2009, subject to the satisfaction of customary closing conditions.

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