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Opexa Therapeutics Prices 4.12M Share Offering at $1.70/Share

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Opexa Therapeutics (NASDAQ: OPXA) today announced the pricing of an
underwritten public offering of 4.12 million shares of its common stock
at a price to the public of $1.70 per share. The gross proceeds to Opexa
from this offering are expected to be approximately $7 million, before
deducting underwriting discounts and commissions and other estimated
offering expenses. All of the shares in the offering are to be sold by
Opexa. Opexa has also granted the underwriters a 45-day option to
purchase up to an additional 618,000 shares of common stock to cover
over-allotments, if any. The offering is expected to close on or about

See full press release

Posted-In: News Guidance Financing Management Global

 

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