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By Ru Back Packer Staff, updated Thursday, February 1, 4:52 AM

Slide #288. Cell Therapeutics, Inc. Preferred Stock Offering

Company: Cell Therapeutics, Inc. (NASDAQ:CTIC)
Date announced: 9/12/2013
Shares Offered: 15,000
Preferred Stock Offering Details: Cell Therapeutics, Inc. ("CTI") (Nasdaq and MTA: CTIC) today announced that it has agreed to sell 15,000 shares of its Series 18 Preferred Stock directly to Quogue Capital LLC and an affiliate of Perceptive Advisors LLC in a registered direct offering conducted without an underwriter or placement agent for gross proceeds of approximately $15 million (the "Offering"). The net proceeds from the Offering, after deducting estimated offering expenses, will be approximately $14.8 million.

CTI BioPharma is a biopharmaceutical company focused on the acquisition, development and commercialization of therapies covering a range of blood-related cancers. Co. is primarily focused on treatments that target blood-related cancers where there is an unmet medical need. In particular, Co. is primarily focused on commercializing PIXUVRI® (pixantrone) in select countries in the European Union, for multiply relapsed or refractory aggressive B-cell non-Hodgkin lymphoma, and evaluating pacritinib for the treatment of adult patients with myelofibrosis.
Open the CTIC Page at Ru Back Packer »

Name: CTI BioPharma Corp
Website: celltherapeutics.com
Sector: Biotechnology
Number of ETFs Holding CTIC: 4 (see which ones)
Total Market Value Held by ETFs: $280,061
Total Market Capitalization: $133,000,000
% of Market Cap. Held by ETFs: 0.21%

Open the CTIC Page at Ru Back Packer (in a new window) »

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