Ampio raises $25.3 million in direct offering

Ampio Pharmaceuticals Inc. (NYSE-M:AMPE) raised $25.3 million through the sale of 4.6 million shares at $5.50 in a registered direct offering to institutional investors. The price is a 17% discount to Ampio's close of $6.61 on Wednesday, before the deal was announced. Ampio was up $0.93 (14%) to $7.54 on Thursday. ...