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Galectin Therapeutics (GALT) sinks 39% as trading resumes

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Galectin Therapeutics (GALT) to Resume Trading at 4:45PM ET

September 27, 2016 4:24 PM EDT

Galectin Therapeutics (NASDAQ: GALT) to resume trading at 4:45PM following study failure.

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Galectin Therapeutics (GALT) Agrees to Sell 1.5M Convertible Preferred Shares

September 27, 2016 4:18 PM EDT

Galectin Therapeutics (NASDAQ: GALT) disclosed that on September 22, 2016 it entered into a Securities Purchase Agreement with 10X Fund, L.P., a Delaware limited partnership (Purchaser). Pursuant to the Purchase Agreement, the Company has agreed to issue and sell to Purchaser, and Purchaser has agreed to purchase from the Company at closings held or to be held on September 22, 2016 and September 29, 2016 (i)... More