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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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