NetworkNewsBreaks – ROTH Capital Partners Performs as Sole Placement Agent for BioPharmX Corp.’s (NYSE: BPMX) $5M Registered Direct Offering

BioPharmX (NYSE: BPMX) has successfully completed a sale of 6,410,258 shares of common stock at a price of $0.78 per share with 50% warrant coverage, representing warrants to purchase up to 3,205,129 shares of common stock, in a registered direct offering. ROTH Capital Partners acted as sole placement agent in the offering. Beginning six months following the closing date, the warrants will be exercisable at an exercise price of $0.90 per share and will expire five years from the date they become exercisable. Gross proceeds of the offering are anticipated to be approximately $5.0 million. The specialty pharmaceutical company said it intends to use the proceeds from the offering to advance the BioPharmX dermatology-focused drug delivery and clinical programs, including advancing the company’s lead product BPX-01, and for general corporate purposes.

To view the full press release, visit: http://nnw.fm/46nZ8

About BioPharmX Corporation

BioPharmX Corporation (NYSE: BPMX) is a Silicon Valley-based specialty pharmaceutical company that seeks to provide products through proprietary platform technologies for prescription, over-the-counter and supplement applications in dermatology and women’s health. To learn more about BioPharmX, please visit www.BioPharmX.com.

About ROTH Capital Partners

ROTH Capital Partners, LLC (ROTH), is a relationship-driven investment bank focused on serving emerging growth companies and their investors. As a full-service investment bank, ROTH provides capital raising, M&A advisory, analytical research, trading, market-making services and corporate access. Headquartered in Newport Beach, CA, ROTH is privately-held and employee owned, and maintains offices throughout the U.S.  For more information on ROTH, please visit www.roth.com.

About NetworkNewsBreak

NetworkNewsBreak (NNB) provides a rapid summary of corporate news that caught the attention of NetworkNewsWire (NNW). NNB keeps you up-to-date on active US Public Companies complementary to NNW’s broader scope as a provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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