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Published on 4/14/2011 in the Prospect News PIPE Daily.

RXi Pharmaceuticals to sell stock and warrants in public offering

Roth is underwriter; proceeds for general corporate purposes

By Devika Patel

Knoxville, Tenn., April 14 - RXi Pharmaceuticals Corp. plans a public offering of stock, according to a prospectus supplement filed Thursday with the Securities and Exchange Commission.

The company will sell common shares, with warrants for additional shares, at a price to be determined.

Roth Capital Partners, LLC is the underwriter.

Proceeds will be used for general corporate purposes.

RXi Pharmaceuticals is a Worcester, Mass., discovery-stage biopharmaceutical company.


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