MannKind raises $80M

MannKind Corp. (NASDAQ:MNKD) raised $80 million through the sale of 40 million units at $2 in a follow-on underwritten by Jefferies; Piper Jaffray; JMP Securities; Griffin Securities; and Imperial Capital. Each unit comprises a share and a one-year warrant to purchase 0.75 shares, with each whole warrant exercisable at $2.60. ...