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Lpath outlines public offering

Lpath Inc. (Nasdaq: LPTN) will sell 2,366,000 shares of its common stock at a price to the public of $5 per share.

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1 UserComments
James Reed 6:34am December 16, 2012

Lpath has had 2 public offerings diluting the company by over 35 percent since there last conference call. Last January there were about 9,000,000 shares, now there will be about 13,000,000. The CEO keeps promising good news around the corner. It will take a lot of good news to make up for all the bad news.

Lpath Inc.

Company Website

6335 Ferris Sq. Ste., A
San Diego, CA 92121

Company Trade Data

Stock Symbol Close
Change
Chg %Chg
Volume
52-Week
High Low
LPTN
3.84
  0.13  
+ 3.50%
27,258,000
6.70
3.25

Lpath Inc. Executive(s):

Scott Pancoast

  • Chief Executive Officer, President

Similar Companies

NAICS - 325414 - Biological Product (except Diagnostic) Manufacturing
SIC - 2836 - BIOLOGICAL PRODUCTS, EXCEPT DIAGNOSTIC SUBSTANCES
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