China Pharma Announces $5 Million Registered Direct Offering

China Pharma Holdings (NYSE American: CPHI) has priced a registered direct offering of 2.5 million shares at $2 per share, raising gross proceeds of $5 million before fees and expenses. The funds will be used for working capital and general corporate purposes.

By China Pharma Holdings, Inc. · PR Newswire ·

Tickers: $CPHI

Topics: capital raising equity offering

Read the full article at PR Newswire

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