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Trovagene aims to price public offering of common stock with greenshoe
Aegis, Summer Street help finance research and development activities
By Devika Patel
Knoxville, Tenn., April 19 - Trovagene Inc. will price a public offering of common stock with a 45-day greenshoe option, according to a Form S-1 filed Thursday with the Securities and Exchange Commission.
Aegis Capital Corp. and Summer Street Research Partners are the underwriters.
Proceeds will be used for research and development activities, working capital and general corporate purposes and possible acquisitions.
The company's stock (Pink Sheets: TROV) closed at $0.72 per share on April 16.
Trovagene is a molecular diagnostic company in San Diego.
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