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TearLab Corp Announces Proposed Public Offering Of Common Stock


Tuesday, 10 Apr 2012 04:01pm EDT 

TearLab Corp announced its intention to offer, subject to market and other conditions, shares of its common stock in an underwritten public offering. TearLab also expects to grant the underwriter a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering to cover over-allotments, if any. The proceeds of the offering will be used for working capital and general corporate purposes. Craig-Hallum Capital Group LLC is acting as the sole book-running manager for the offering. 

Company Quote

11.36
-0.05 -0.44%
19 Jun 2013