Aethlon Shares Up on $8.4 Million Equity Line News
Shares of Aethlon Medical Inc. (OTCBB: AEMD) were up today on news from yesterday about its $8.4 million deal with Fusion Capital Fund II, LLC. Aethlon shares were up 8 cents to 80 cents on volume of about 110 thousand shares. Aethlon announced yesterday that it entered into an $8.4 million common stock purchase agreement with Fusion Capital, a Chicago-based institutional investor. The company has agreed to sell Fusion Capital $400 thousand of its common stock on the date they file a registration statement – covering the shares of this deal – with the Securities and Exchange Commission (SEC). Aethlon…