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View Full Version : Regenerx Looks To Boost Liquidity Via Offering (RGN)


24/7 Wall St.
05-07-2008, 10:50 AM
24/7 Wall St. Daily News

REGENERX BIOPHARMACEUTICALS, INC. (AMEX: RGN) filed for a secondary offering late yesterday to sell some $60 million in a secondary offering of stock and warrants. Its fully diluted market cap on last look was $92.8 million. As of April 30, 2008, the aggregate market value of its outstanding common stock held by non-affiliates was approximately $48,048,508, based on 51,553,527 shares of outstanding common stock. Approximately 27,456,290 shares are held by non-affiliates, and a price of $1.75 based on the closing sale price of the common stock on April 30, 2008. This biotech is focused on the discovery and development of... http://feeds.feedburner.com/~f/typepad/RyNm?i=pvQiaH</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=pvQiaH) http://feeds.feedburner.com/~f/typepad/RyNm?i=Plvb0H</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=Plvb0H) http://feeds.feedburner.com/~f/typepad/RyNm?i=OLAVUh</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=OLAVUh)


complete story here... (http://www.247wallst.com/2008/05/regenerx-looks.html)