Market Overview

XenoPort to Offer 10M Shares Common Stock

XenoPort (Nasdaq: XNPT) announced today that it intends to offer
and sell 10,000,000 shares of its common stock, subject to market and
other conditions, in an underwritten public offering. XenoPort also
intends to grant the underwriters a 30-day option to purchase up to a
maximum of 1,500,000 additional shares of common stock. All of the
shares in the proposed public offering are to be sold by XenoPort.

See full press release

Posted-In: News Guidance Offerings Management Global

 

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