CTD Holdings Closes $2 Million Private Placement

Biotech Investing

CTD Holdings (OTCQB:CTDH) has closed a private placement of its securities with a group of accredited investors that included several directors of the Company and members of management. As quoted in the press release: Investors in the private placement purchased 5,754,832 units at a price per unit of $0.35. Each unit consisted of one share …

Investors in the private placement purchased 5,754,832 units at a price per unit of $0.35. Each unit consisted of one share of common stock and one seven-year warrant to purchase one share of common stock at an exercise price of $0.35.

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