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Arrowhead Research aims to price public offering of common-share units
Company sells its units through agent Dawson James Securities in deal
By Devika Patel
Knoxville, Tenn., Jan. 25 - Arrowhead Research Corp. will price a public sale of its units, according to a prospectus supplement filed Friday with the Securities and Exchange Commission.
The units will consist of one common share and a half-share warrant.
Dawson James Securities, Inc. is the agent.
Proceeds will be used for general corporate purposes, including working capital, capital expenditures, research and development expenditures and clinical trial expenditures.
Based in Pasadena, Calif., Arrowhead is a nanomedicine company developing therapeutics for the treatment of cancer and obesity, as well as the regeneration of wounded or diseased tissue.
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