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MediciNova arranges $10 million at-the-market offering of common stock
Macquarie as agent will be paid 7% commission on stock sales
By Devika Patel
Knoxville, Tenn., Oct. 16 - MediciNova, Inc. negotiated a $10 million at-the-market offering of common stock with agent Macquarie Capital (USA) Inc., according to an 8-K filed Wednesday with the Securities and Exchange Commission.
Macquarie will be paid a 7% commission.
MediciNova is a San Diego-based development-stage biopharmaceutical company.
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