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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.
Array BioPharma Inc. (NASDAQ:ARRY) issued its earnings results on Wednesday, August, 9th. The company reported ($0.17) EPS for the quarter, topping the consensus estimate of ($0.21) by $0.04. The company had revenue of $33.80 million for the quarter, compared to the consensus estimate of $28.64 million.