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Home > News > Arrowhead Tumbles On Plan To Raise $8.7M In Equity Sale

June 18th, 2010

Arrowhead Tumbles On Plan To Raise $8.7M In Equity Sale

Abstract:
Arrowhead Research Corp. (ARWR) said it will sell $8.7 million in stock and warrants as the development-stage nanotechnology company raises funds for new investments and operating expenses.

Shares slumped on the news and were recently down 27% to $1.19.

Source:
wsj.com

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