ARTICLE | Financial News

Geron raises $87M after Angiochem deal

December 8, 2010 1:09 AM UTC

Geron Corp. (NASDAQ:GERN) raised $87 million through the sale of 17.4 million shares at $5 per share in a follow-on underwritten by JPMorgan; Lazard; Rodman; Roth Capital Partners; and WBB Securities. Geron proposed the offer on Monday, when its stock price was $6.12. Geron was off $1.12 (18%) to $5 on Tuesday. ...