AmpliPhi Biosciences Announces $18M Private Placement

AmpliPhi BioSciences Corporation APHB announced today that it has entered into a definitive stock purchase agreement to raise approximately $18 million in a private placement financing. Pursuant to the stock purchase agreement, the Company will issue an aggregate of 72,003,000 shares of the Company's common stock at a price per share of $0.25. Estimated net proceeds from the placement will be $16.9 million. Roth Capital Partners and Griffin Securities, Inc. served as placement agents for the offering. The securities offered in this private placement transaction have not See full press release