Intellipharmaceutics (IPCI) Reports Q3 Loss of $0.08/Share

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Intellipharmaceutics (IPCI) Announces 3.64M Share Registered Direct Common Offering

October 11, 2017 8:05 AM EDT

Intellipharmaceutics International Inc. (NASDAQ IPCI) today announced that it entered into securities purchase agreements with certain institutional investors providing for the purchase and sale of 3,636,364 common shares at a purchase price of US$1.10 per share in a registered direct offering, resulting in total gross proceeds of approximately US$4 million.... More