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MusclePharm issued a total of 1,500,000 shares of its Series D Convertible Preferred Stock in a registered direct offering at a price of $8.00 per share. Each share of Series D Convertible Preferred Stock is convertible into two shares of common stock, subject to adjustment.
The median PGNX price target (a different metric than the average or mean) was $14.0 as of 2017-04-12, the highest PGNX price target in the range was $14.0 while the lowest PGNX price target in the range was $14.0, with a standard deviation of $0.0. Get the latest Zacks research report on PGNX â FREE.