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Sorrento Therapeutics Inc Announces Full Exercise of Over-Allotment Option


Friday, 25 Oct 2013 04:10pm EDT 

Sorrento Therapeutics Inc announced the full exercise of the over-allotment option granted to the underwriters to purchase an additional 622,500 shares of common stock at a public offering price of $7.25 per share, bringing the expected total gross proceeds from the offering to approximately $34.6 million, before underwriting discounts and commissions and other offering expenses payable by Sorrento. Aegis Capital Corp. is acting as the sole book-running manager for this offering. 

Company Quote

11.85
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26 Mar 2015