Spectrum raises $10 million

Spectrum Pharmaceuticals Inc. (NASDAQ:SPPI) closed its previously announced registered direct offering, raising $10 million through the sale of 1.7 million units at $5.83 to two existing institutional investors. Each unit comprises a share and a 90-day warrant to purchase 0.5 shares, with each whole warrant exercisable at $5.83. Rodman was the placement agent. ...