Market Overview

XenoPort Prices 12M Share Offering at $6.00/Share

XenoPort (NASDAQ: XNPT) announced today the pricing of an
underwritten registered public offering of 12,000,000 shares of its
common stock at a price to the public of $6.00 per share. The size of
the offering was increased from the 10,000,000 shares previously
announced. XenoPort has also granted to the underwriters a 30-day option
to purchase up to an additional 1,800,000 shares of its common stock.
All of the shares in the offering are being offered by XenoPort. The
offering is expected to close on or about January 29, 2014, subject to
customary closing conditions.

See full press release

Posted-In: News Guidance Offerings Management Global

 

Most Popular

Related Articles (XNPT)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters