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Financings Roundup


Friday, February 11, 2011
Marina Biotech Inc., of Bothell, Wash., will raise gross proceeds of about $5.1 million in an underwritten public offering of 6.37 million units at 80 cents per unit. The company said that each unit consists of one share of common stock and 0.1746 of a warrant to purchase one share of common stock. The warrants can be exercised immediately and have a seven-year term with an exercise price of 80 cents per share.

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