April 6, 2018 / 6:08 AM / 7 months ago

BRIEF-Mannkind Announces $28.0 Million Registered Direct Offering

April 6 (Reuters) - MannKind Corp:

* MANNKIND ANNOUNCES $28.0 MILLION REGISTERED DIRECT OFFERING

* ‍EACH SHARE OF STOCK BEING SOLD WITH WARRANT TO BUY 1 SHARE OF STOCK FOR COMBINED PURCHASE PRICE OF $2, RESULTING IN GROSS PROCEEDS OF $28.0 MILLION​

* ‍WARRANTS WILL BE EXERCISABLE AT A PRICE OF $2.38 PER SHARE BEGINNING SIX MONTHS FOLLOWING DATE OF ISSUANCE AND WILL EXPIRE SIX MONTHS THEREAFTER​

* ‍ANNOUNCED PRICING OF A REGISTERED DIRECT OFFERING OF 14 MILLION SHARES OF COMMON STOCK AND WARRANTS​ Source text for Eikon: Further company coverage:

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