Deerfield to invest $35.5 million in Arena Pharmaceuticals - MarketLine Financial Deals

Deerfield to invest $35.5 million in Arena Pharmaceuticals

Deerfield to invest $35.5 million in Arena Pharmaceuticals - MarketLine Financial Deals
Deerfield to invest $35.5 million in Arena Pharmaceuticals
Published Mar 28, 2011
4 pages — Published Mar 28, 2011
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Abstract:

Arena Pharmaceuticals, Inc., a US-based biopharmaceutical company, has entered into a securities purchase agreement to sell 12.15 million shares of its common stock at a price of $1.46 per share and 12,150 shares of Series C convertible preferred stock at a price of $1,460 per share, for an aggregate consideration of approximately $35.5 million.

  
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MA57483_110408
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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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MLA:
MarketLine Financial Deals. "Deerfield to invest $35.5 million in Arena Pharmaceuticals" Mar 28, 2011. Alacra Store. Dec 07, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Deerfield-to-invest-35-5-million-in-Arena-Pharmaceuticals-2052-58883>
  
APA:
MarketLine Financial Deals. (2011). Deerfield to invest $35.5 million in Arena Pharmaceuticals Mar 28, 2011. New York, NY: Alacra Store. Retrieved Dec 07, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Deerfield-to-invest-35-5-million-in-Arena-Pharmaceuticals-2052-58883>
  
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