ARTICLE | Financial News

Oncothyreon planning $14.8M unit sale

September 25, 2010 12:20 AM UTC

Oncothyreon Inc. (NASDAQ:ONTY) plans to raise $14.8 million through the sale of 4.2 million units at $3.50 in a private placement. Each unit comprises a share and a five-year warrant to purchase 0.75 shares, with each whole warrant exercisable at $4.20. JMP Securities and Roth Capital Partners were placement agents. ...