China Pharma Holdings, Inc. Announces Closing of $5.0 Million Registered Direct Offering
China Pharma Holdings, Inc. (NYSE American: CPHI) said it closed a registered direct offering of 2.5 million shares at $2.00 per share, raising $5.0 million in gross proceeds. The company plans to use net proceeds for working capital and general corporate purposes. FT Global Capital acted as placement agent.

