7:24 PM
Apr 30, 2008
 |  BC Extra  |  Financial News

Cell Therapeutics raises $28.1 million

Cell Therapeutics (NASDAQ:CTIC) said it raised about $28.1 million in net proceeds under a $45 million preferred stock and notes offering to a single institutional investor. Under the deal, the company is selling $9 million of convertible preferred stock exchangeable for 11.4 million common shares and $36...

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