Android app on Google Play

Omeros (OMER) Slammed After Pricing Offering Well Below Market Value

June 27, 2012 9:36 AM EDT Send to a Friend
Get Alerts OMER Hot Sheet
Trade OMER Now!
Join SI Premium – FREE
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.




You May Also Be Interested In


Related Categories

Equity Offerings, Insiders' Blog, Momentum Movers

Add Your Comment