Unilife (UNIS) Completes 8.25M Common Offering at $4.35/Share
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Unilife Corporation (Nasdaq: UNIS) announced the successful closing of an underwritten registered public offering to U.S. institutions.
Unilife has issued 8,250,000 shares of common stock at the offering price of $4.35 per share. In connection with the offering, the Company also granted the underwriters a 30-day option to purchase up to an additional 1,237,500 shares of common stock to cover over-allotments, if any. The net proceeds to Unilife from the offering are $33.8 million, exclusive of any proceeds attributable to the underwriters' possible exercise of their over-allotment option.
Unilife has issued 8,250,000 shares of common stock at the offering price of $4.35 per share. In connection with the offering, the Company also granted the underwriters a 30-day option to purchase up to an additional 1,237,500 shares of common stock to cover over-allotments, if any. The net proceeds to Unilife from the offering are $33.8 million, exclusive of any proceeds attributable to the underwriters' possible exercise of their over-allotment option.
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