NEW YORK, NY / ACCESSWIRE / October 10, 2018 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report on Acasti Pharma Inc. (NASDAQ: ACST), a biopharmaceutical company advancing a potentially best-in-class cardiovascular drug, CaPre® (omega-3 phospholipid), for the treatment of hypertriglyceridemia, a chronic condition affecting an estimated one-third of the U.S. population.
On August 14, 2018, the company's shares were trading at $.45 per share. Since then the ACST shares have hit a high of $1.80 before settling at today's level of $1.19.
Milestones, full pipeline review and analysts price target here READ MORE
Copy and paste to your browser may be required to view the report - https://tradersnewssource.com/acasti-pharma/
On October 4th, 2018, the company announced that, in connection with its overnight marketed public offering previously announced on October 3, 2018, it has entered into an underwriting agreement with Mackie Research Capital Corporation to sell 18,750,000 Class A Shares at a price of C$1.28 per Common Share, for aggregate gross proceeds to Acasti of C$24,000,000.
On October 4, 2018, the Company also priced a separate and concurrent underwritten public offering of Common Shares in the United States at a price of US$1.00 for total gross proceeds of US$16,600,000.
Recent events and analyst targets in this comprehensive review READ MORE
Copy and paste to your browser may be required to view the report - https://tradersnewssource.com/acasti-pharma/
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SOURCE: Traders News Source