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Thursday, July 18, 2019

MannKind repays $4M of mature debt from Deerfield

Mannkind (NASDAQ:MNKD) has repaid $4M of debt due today from Deerfield by paying $2.42M in cash and issuing 1,514,423 of common stock at $1.04.
It also repurchased a warrant to acquire ~3.3M common shares for ~$433K.
MNKD was up 4% premarket on light volume.
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