Delcath Systems (NSDQ:DCTH) has closed a $5 million offering of 212,000 shares of common stock, warrants to buy 38,000,000 shares of common stock and warrants to buy an aggregate of 500,000 shares of common stock.
The New York-based company priced the offering at 2¢ per unit. Each unit was composed of one share of common stock and one common stock purchase warrant to buy two shares, according to a document filed with the SEC.
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