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ImmunoCellular Therapeutics aims to price public sale of equity units
Deal funds clinical trials, research, development, corporate purposes
By Devika Patel
Knoxville, Tenn., June 1 – ImmunoCellular Therapeutics, Ltd. will conduct a public offering of its units with a 45-day greenshoe, according to a Form S-1 filed Wednesday with the Securities and Exchange Commission.
The units will consist of common shares and five-year warrants.
Maxim Group LLC is the bookrunner.
Proceeds will be used for clinical trials, research and development, working capital and general corporate purposes.
ImmunoCellular, based in Los Angeles, develops cellular treatments for brain cancer and neurodegenerative disorders.
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