Manhattan Scientifics Raises $2M at 8% Discount

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Manhattan Scientifics (OTC:MHTX) announced that it has raised $1,980,000 in a Common Stock transaction. The common stock was sold at $0.11 per share, an approximate 8% discount to the market price ($0.12) of MHTX at deal announcement. A series of 4,500,000 60-Month Warrants (25% Coverage) with an exercise price of $0.13 per share (5.42% premium) was issued to the investors in this transaction. The transaction closed on November 17, 2014.

via PlacementTracker

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