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Ruthigen Inc announces pricing of initial public offering

Friday, 21 Mar 2014 09:36am EDT 

Ruthigen Inc:Pricing of initial public offering of 2,650,000 units, which reflects increase in originally anticipated number of units, with each unit consisting of one share of common stock and one Series A Warrant.Each Series A Warrant is exercisable for one share of common stock and one Series B Warrant to purchase one share of common stock.All of units are being offered by Ruthigen at initial public offering price of $7.25 per unit.Units will not be certificated and shares of common stock and Series A Warrants may be transferred separately immediately upon issuance.Dawson James Securities, Inc. is acting as sole book-running manager for the underwritten offering. 

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