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BRIEF-GW Pharmaceuticals share sale raises $126.3 mln
June 25, 2014 / 3:25 PM / 3 years ago

BRIEF-GW Pharmaceuticals share sale raises $126.3 mln

June 25 (Reuters) - GW Pharmaceuticals :

* Closing of previously announced offering on NASDAQ global market by GW and some selling shareholders of 1,700,000 American depositary shares

* ADSs sold in offering consisted of 1,455,000 ADSs sold by company, and 500,000 ADSS sold by selling shareholders, and raised gross proceeds to GW of $126.3 million

* GW did not receive any proceeds from sale of ADSS by selling shareholders in this offering

* Morgan Stanley, BofA Merrill Lynch and Cowen and Company acted as joint book-running managers for offering Source text for Eikon: Further company coverage:

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