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Arrowhead Announces Completion of $2.76 Million Private PlacementPasadena, CA | Posted on August 7th, 2009
Under the terms of the offering, Arrowhead sold 9.2 million units at a purchase price of $0.30 per unit, with each unit consisting of one share of common stock and one warrant to purchase one additional share of common stock at an exercise price of $0.50 per share.
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