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ARTICLE | Financial News

PolyMedix planning offering

November 12, 2009 1:10 AM UTC

PolyMedix Inc. (OTCBB:PYMX) proposed to raise up to $21 million through the sale of up to 21 million units at $1 in a registered direct offering. Each unit comprises a share and a five-year warrant to purchase 0.3 shares, with each whole share warrant exercisable at $1.25. Merriman Curhan Ford; Boenning & Scattergood; and Noble Financial Capital Markets are placement agents. ...