BioMarin Pharma's (BMRN) 7.5M Common Stock Offering Prices at $96/Share
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BioMarin Pharma (BMRN) Prices 7.5M Common Stock Offering at $96/Share
August 9, 2016 9:03 AM EDTBioMarin Pharmaceutical Inc. (Nasdaq: BMRN) announced the pricing of an underwritten public offering of 7,500,000 shares of its common stock at a price to the public of $96.00 per share. The gross proceeds to BioMarin from this offering are expected to be approximately $720.0 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by BioMarin. The offering is expected to close on or about August 12, 2016, subject to the satisfaction of customary... More
BioMarin Pharma (BMRN) Announces 7.5M Share Common Stock Offering
August 8, 2016 4:33 PM EDTBioMarin Pharmaceutical Inc. (Nasdaq: BMRN) announced an offering, subject to market and other conditions, of 7,500,000 shares of its common stock in an underwritten public offering. BioMarin has also granted the underwriters a 30-day option to purchase an additional 750,000 shares of common stock. BioMarin intends to use the net proceeds from the offering for general corporate purposes, including... More