March 9, 2018 / 2:10 PM / 3 months ago

BRIEF-Can-Fite Biopharma Announces $5 Mln Registered Direct Offering

March 9 (Reuters) - Can Fite Biopharma Ltd:

* CAN-FITE BIOPHARMA ANNOUNCES $5 MILLION REGISTERED DIRECT OFFERING

* CAN FITE BIOPHARMA LTD - WILL ISSUE 3.3 MILLION REGISTERED ADSS OF CAN-FITE AT A PURCHASE PRICE OF $1.50 PER ADS IN A REGISTERED DIRECT OFFERING

* CAN FITE BIOPHARMA LTD - ENTERED INTO DEFINITIVE AGREEMENTS WITH INSTITUTIONAL INVESTORS TO RECEIVE GROSS PROCEEDS OF APPROXIMATELY $5 MILLION Source text for Eikon: Further company coverage:

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