Omeros (OMER) Slammed After Pricing Offering Well Below Market Value
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Omeros Corp. (Nasdaq: OMER) slammed at the open following pricing of its common stock offering.
According to an earlier release, the company priced a nearly 3 million common stock offering at $10.25 per share. Pricing was 23 percent below Tuesday's closing at $13.25.
Shares are down about 17 percent early.
According to an earlier release, the company priced a nearly 3 million common stock offering at $10.25 per share. Pricing was 23 percent below Tuesday's closing at $13.25.
Shares are down about 17 percent early.
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