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Immunomedics Inc Prices $14.0 Million Public Offering Of Common Stock


Friday, 22 Feb 2013 09:20am EST 

Immunomedics Inc announced that it has priced its previously announced underwritten public offering of 6,086,956 shares of common stock, at a price to the public of $2.30 per share, resulting in gross proceeds of $14.0 million. The offering is expected to close on or about February 27, 2013, subject to satisfaction of customary closing conditions. Immunomedics has granted the underwriters a thirty (30) day option to purchase up to 913,044 additional shares of common stock to cover over-allotments, if any. Oppenheimer & Co. Inc. and Cowen and Company, LLC, are acting as joint book-running managers for the proposed offering. 

Company Quote

4.13
0.01 +0.24%
28 Nov 2014