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BioScrip Inc Closes Underwritten Offering Of Common Stock


Wednesday, 24 Apr 2013 04:37pm EDT 

BioScrip Inc announced that the closing of the underwritten public offering of 14,375,000 shares of its common stock at a public offering price of $12.00 per share, including 3,968,750 shares of common stock offered by certain selling stockholders. Of the 14,375,000 shares offered, an aggregate of 1,875,000 shares of common stock were sold pursuant to the underwriters' option granted by the Company and the selling stockholders. The Company will not receive any proceeds from the sale of shares of common stock by the selling stockholders. After payment of the underwriting discount and estimated offering expenses, the Company received net proceeds of approximately $118.2 million. Jefferies LLC, Morgan Stanley & Co. LLC and SunTrust Robinson Humphrey, Inc. acted as joint book-running managers. Dougherty & Company and Noble Financial Capital Markets acted as co-managers. 

Company Quote

7.705
-0.115 -1.47%
1:35pm EDT