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Alimera Sciences Inc announces $37.5 mln private placement

Tuesday, 28 Jan 2014 06:45am EST 

Alimera Sciences Inc:Says it has obtained commitments from certain non-affiliated institutional investors to purchase about $37.5 mln of its common stock in a private placement.Says proceeds from the private placement are expected to be used for general corporate and working capital purposes.Says it has entered into a securities purchase agreement with the investors pursuant to which Alimera will sell an aggregate of 6,250,000 shares of its common stock at a purchase price of $6.00 per share.Says Cowen and Company, LLC served as sole placement agent for the transaction. 

Company Quote

21 Nov 2014