PharmAthene raises $15.1 million

PharmAthene Inc. (NYSE-A:PIP) raised $15.1 million through the sale of 4.3 million shares at $3.50 in a follow-on underwritten by Roth Capital Partners. PharmAthene proposed the follow-on late Thursday, when its stock price was $4.08. Noble Financial Capital Markets served as financial advisor. ...