Arcturus Therapeutics Announces $10.9 Million Registered Direct Offering of Common Stock

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Arcturus Therapeutics (ARCT) Announces $2.3 Million Additional Registered Direct Offering of Common Stock

August 2, 2019 2:03 PM EDT

Arcturus Therapeutics (Nasdaq: ARCT) a leading RNA medicines company focused on the discovery, development and commercialization of therapeutics for rare diseases, today announced that it has entered into a definitive agreement with an institutional investor for the purchase and sale in a registered direct offering of 200,000 shares of the Companys common stock, at a purchase price of $11.50 per share, for aggregate gross proceeds of $2.3 million. The offering is expected to close on or about August 5, 2019, subject to the satisfaction of customary... More