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UroGen Pharma Announces Closing of Upsized Public Offering of Ordinary Shares and Full Exercise of Underwriters' Option
Jan. 24, 2018 09:53AM PST
Biotech InvestingUroGen Pharma (Nasdaq:URGN), a clinical-stage biopharmaceutical company developing treatments to address unmet needs in the field of urology, with a focus on uro-oncology, announced the closing of its public offering of 1,463,414 ordinary shares, at a public offering price of $41.00 per share. As quoted in the press release: After deducting the underwriting discounts and …
UroGen Pharma (Nasdaq:URGN), a clinical-stage biopharmaceutical company developing treatments to address unmet needs in the field of urology, with a focus on uro-oncology, announced the closing of its public offering of 1,463,414 ordinary shares, at a public offering price of $41.00 per share.
As quoted in the press release:
After deducting the underwriting discounts and other estimated offering expenses, the net proceeds of the public offering are expected to be approximately $64 million. All ordinary shares sold in this offering were offered by the Company.
Jefferies LLC and Cowen and Company, LLC acted as joint book-running managers for the offering. Oppenheimer & Co. Inc. acted as lead manager for the offering. Ladenburg Thalmann & Co. Inc. and National Securities Corporation acted as co-managers for the offering.