Delcath Systems Announces Closing of Private Placement of up to $85 Million

Delcath Systems, Inc. announces that it has closed its previously announced private placement, for gross proceeds of approximately $25.0 million from the issuance and sale of shares of the Company’s common stock and shares of its Series F Convertible Preferred Stock and warrants, before deducting the fees paid to the placement agent and the financial advisors of the Private Placement and other financing expenses payable by the Company.

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