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Idera Pharmaceuticals Inc announces closing of public offering of common stock

Monday, 10 Feb 2014 04:15pm EST 

Idera Pharmaceuticals Inc:Says the closing of its previously announced underwritten public offering of 7,867,438 shares of common stock at an offering price of $4.00 per share, and pre-funded warrants to purchase up to an aggregate of 2,158,750 shares of common stock at an offering price of $3.99 per pre-funded warrant.Says the gross proceeds to Idera from this offering are expected to be about $40.0 mln, before deducting the underwriting discounts and commissions and other estimated offering expenses.Says Piper Jaffray & Co. and Cowen and Company, LLC acted as joint bookrunning managers for the offering. 

Company Quote

-0.065 -1.86%
27 Mar 2015