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Eiger BioPharmaceuticals (EIGR) Plans Offering of Common Stock

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Eiger BioPharmaceuticals Announces Proposed Public Offering of Common Stock

August 17, 2016 4:02 PM EDT

PALO ALTO, Calif., Aug. 17, 2016 /PRNewswire/ -- Eiger BioPharmaceuticals, Inc. (NASDAQ: EIGR), a clinical-stage biopharmaceutical company focused on the development and commercialization of targeted therapies for rare diseases, today announced that it intends to offer and sell, subject to market conditions, shares of its common stock in an underwritten public offering.  Eiger intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock offered in the public offering.  All of the shares of common stock to be sold in the... More