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Intellipharmaceutics International Inc.

09:51 AM EST - Intellipharmaceutics International Inc. : Announced the pricing of an underwritten public offering of an aggregate of 17,391,305 units. Each unit is comprised of one common share (or common share equivalent) and one warrant to purchase one common share. The units are being offered at a public offering price of $0.75 per unit. Intellipharmaceutics International Inc. shares T.IPCI are trading down $0.22 at $0.84.