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Echo Therapeutics Inc Announces Closing Of Public Offering Of Common Stock


Wednesday, 6 Feb 2013 12:00pm EST 

Echo Therapeutics Inc announced the closing of a previously announced underwritten public offering of 13,633,333 shares of its common stock and the full exercise of the over-allotment option to purchase 2,045,000 additional shares, offered at a price to the public of $0.75 per share. The gross proceeds to Echo from this offering are approximately $11.76 million, before deducting the underwriting discount and other estimated offering expenses payable by Echo. Aegis Capital Corp. acted as the sole book-running manager for the offering. 

Company Quote

1.5
-0.06 -3.85%
23 Dec 2014