XTL Biopharmaceuticals Announces Pricing of $4.0 Million Registered Direct Offering

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XTL Biopharma (XTLB) Prices $4M Direct Placement at $2.25/ADS

March 31, 2015 9:31 AM EDT

XTL Biopharma (NASDAQ: XTLB) has entered into definitive purchase agreements with a healthcare dedicated fund that led the transaction and other existing institutional and accredited investors for the purchase of $4.0 million of American Depositary Shares (ADS) at a purchase price per ADS of $2.25. Investors will also receive five and a half year warrants to... More