Ironwood Pharmaceuticals Inc announces exercise of underwriters option in public offering of common stock


Thursday, 13 Feb 2014 08:00am EST 

Ironwood Pharmaceuticals Inc:Says the underwriters of its previously announced public offering of Class A common stock have exercised their option to purchase an additional 2,058,825 shares at a public offering price of $12.75 per share.Says as a result, Ironwood will issue a total of 15,784,325 shares in the offering and will receive aggregate net proceeds, after underwriting discounts and commissions and other estimated offering expenses, of about $190.4 mln.Says the offering is expected to close on Feb. 14.Says .P. Morgan and BofA Merrill Lynch are acting as joint bookrunning managers and as representatives of the underwriters for the offering.Says Morgan Stanley is acting as bookrunning manager for the offering.Says Ladenburg Thalmann & Co. Inc. and Mizuho Securities are acting as co-managers for the offering. 

Company Quote

15.58
-0.46 -2.87%
30 Jan 2015