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Ophthotech Corp announces pricing of public offering of common stock


Tuesday, 11 Feb 2014 10:30pm EST 

Ophthotech Corp:Announced the pricing of an underwritten public offering of 2,285,714 shares of common stock at a public offering price of $31.50 per share, before underwriting discounts.Says of the shares in the offering, 1,900,000 shares are being sold by Ophthotech, and 385,714 shares are being sold by certain stockholders of the company.Says in addition, these selling stockholders have granted the underwriters of the offering an option for a period of 30 days to purchase up to an additional 342,857 shares of the company's common stock at the public offering price, less the underwriting discount.Says ophthotech will not receive any proceeds from the sale of shares by the selling stockholders.Says Morgan Stanley and J.P. Morgan are acting as joint book-running managers for the offering.Says Leerink Partners and Stifel are acting as co-managers.The offering is expected to close on or about Feb. 18, 2014. 

Company Quote

39.06
0.64 +1.67%
19 Sep 2014