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Vaccinogen completes initial closing of $80 mln financing and announces management changes


Monday, 25 Aug 2014 07:00am EDT 

Vaccinogen Inc:Completes the initial closing of a private placement of $80 mln of units and common stock.Vaccinogen received gross proceeds of $10 mln in this first closing.Says Benjamin S. Carson has been appointed to the Board of Directors and named Chairman of the Board.Appoints co-founder and President Andrew L. Tussing, as Chief Executive Officer to replace Michael G. Hanna.Hanna will continue to serve as a director and will now be Chairman Emeritus. 

Company Quote

2.12
0.2 +8.49%
18 Dec 2014