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Aethlon Medical aims to conduct $12.5 million at-the-market financing
H.C. Wainwright helps raise proceeds for general corporate purposes
By Devika Patel
Knoxville, Tenn., June 28 – Aethlon Medical, Inc. arranged a $12.5 million at-the-market agreement for up to 3 million common shares with H.C. Wainwright & Co., LLC on June 28, according to a prospectus supplement and 8-K filed Tuesday with the Securities and Exchange Commission.
H.C. Wainwright will be paid a 3% commission.
Proceeds will be used for general corporate purposes.
Aethlon, based in San Diego, develops therapeutic medical devices to treat viral infections.
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