February 21, 2017 / Traders News Source, a leading independent equity research and corporate access firm focused on small and micro-cap public companies, is covering Celsion Corp. (NASDAQ: CLSN) today, in light of recent insider buying. In the recent past, Celsion reported several Insider transactions. Multiple company employees are engaged in significant insider trading, including Director, Martinez Alberto R Jr., who acquired 45,000 shares worth $9,450 during February 2017. Following this transaction, Alberto Martinez’s holding in the company increased by 44.96% to a total of $14.32K. Also, during October 2016, Chairman, President, and CEO, Tardugno Michael H., purchased 10,000 common shares in the open market.
Get the full list of recent insider trading and our analyst REPORT HERE.
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On February 15, 2017, Celsion announced pricing of a public offering with expected total gross proceeds of approximately $5.0 million. The offering is expected to close on/or about February 21, 2017 and net proceeds are likely to fund clinical trials, working capital, and general corporate purposes. This has led to significant decline in company’s share price in the recent past.
Our full report covers Celsion’s pipeline, insider trading, and financials: READ MORE
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