 Delcath Systems, Inc. Delcath, the Company, we, our or us DCTH today announced that it has entered into a definitive agreement for gross proceeds of approximately 9.5 million at a combined price of 1,000 per Unit. Each Unit consists of one preferred share initially convertible into 16,667 shares of common stock at an initial conversion price of 0.06 per share and a common stock purchase warrant. Each whole warrant entitles the holder to purchase one share of common stock at an initial exercise price of 0.06 for a period of five years from the date of the Companys anticipated reverse stock split. 