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Rockwell Medical, Inc. Message Board

  • h_grant_h h_grant_h Jul 12, 2013 3:34 PM Flag

    New share offer - $35m

    Filed on May 15,

    "We are offering 11,475,410 shares of our common stock, without par value, pursuant to this prospectus supplement and the accompanying prospectus."

    Bravo! This is going to be ugly.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • You really are dumb, what a fool!

    • They just secured a 20 million loan you idiot... your news is way to old. They have plenty of money for the rest of the year. Stop spreading #$%$ information

      Sentiment: Buy

    • Done Deal ... you're slipping Mr. Grant!

      ..

      Rockwell Medical Closes $40.3 Million Public Offering of Common Stock
      MarketwiredPress Release: Rockwell Medical Technologies, Inc. – Mon, May 20, 2013 2:34 PM EDT..

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      RMTI 5.19 +0.84


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      WIXOM, MI--(Marketwired - May 20, 2013) - Rockwell Medical, Inc. (NASDAQ: RMTI), a fully-integrated biopharmaceutical company targeting end-stage renal disease (ESRD) and chronic kidney disease (CKD) with innovative products and services for the treatment of iron deficiency, secondary hyperparathyroidism and hemodialysis, announced today the closing of the sale of 13,196,721 common shares, including 1,721,311 shares of common to cover overallotments, at $3.05 per share in an underwritten public offering for an aggregate offering amount of approximately $40.3 million. The net proceeds from the offering, after commissions and other estimated offering expenses, were approximately $37.7 million. Rockwell Medical plans to use the net proceeds to fund SFP clinical trials and for other general corporate purposes.

    • This is classic jack up action before "they" release the knife to cut those retail chasers' throats.

      Wait for the pricing announcement first. I think the offering price will be around $4.25 at the very best. They always do things like that - trap the idiots who are so greedy and clueless.

    • Is that to say that there is going to be that many more shares available, and no price put on them? Seems like it would bring the share price down. Thanks

      Sentiment: Hold

    • may 15 is old not new. sorry

 
RMTI
10.38-0.18(-1.70%)Jul 21 4:00 PMEDT

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