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Relypsa Inc. announces pricing of public offering of common stock


Friday, 11 Apr 2014 12:30am EDT 

Relypsa Inc:Announces pricing of underwritten public offering of 3,591,836 common stock at a price of $24.50 per share for gross proceeds of about $88 million.Relypsa estimates net proceeds from the offering to be about $82 million.In addition, Relypsa has granted underwriters 30-day option to purchase additional 538,775 common stock.Relypsa expects to close its public offering on or about April 16.Morgan Stanley, BofA Merrill Lynch and Cowen and company are acting as joint book-running managers.Stifel and Wedbush PacGrow Life Sciences are acting as co-managers. 

Company Quote

23.71
0.78 +3.40%
21 Nov 2014