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BRIEF-Capricor Therapeutics reports private placement of common stock
May 8, 2017 / 12:21 PM / 7 months ago

BRIEF-Capricor Therapeutics reports private placement of common stock

May 8 (Reuters) - Capricor Therapeutics Inc:

* Capricor Therapeutics announces private placement of common stock

* Capricor Therapeutics - signed definitive agreements for sale of approximately $3.7 million of company’s common stock with certain accredited investors

* Capricor Therapeutics Inc - investors have agreed to purchase 1.2 million shares of common stock at a price of $3.10 per share

* Capricor Therapeutics - company expects to use proceeds from transaction primarily to advance its portfolio of product candidates Source text for Eikon: Further company coverage:

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