BioCentury
ARTICLE | Financial News

ADMA reverse-merges, raises $17.6 million

February 15, 2012 2:02 AM UTC

ADMA Biologics Inc. (Hackensack, N.J.) reverse-merged with public shell company R&R Acquisition VI Inc. and raised about $17.6 million through a private placement of 1.8 million shares at $9.60 to Burrill, Aisling Capital and ADMA founders. ADMA plans to list on the OTCBB exchange. Rodman was advisor and placement agent. ...