Escagenetics Corp. (ASE:ESN) said Monday that it has raised$8.1 million from a private placement of 1.8 million shares ofcommon stock.
The shares were offered by Reich & Co. Inc., the San Carlos,Calif., company's investment banker. Escagenetics filed an S-2registration statement with the Securities and ExchangeCommission in late July.
The company's stock closed at $7.63 a share on Monday, down13 cents.
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