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Collegium Pharma (COLL) Announces Common Stock Offering

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Collegium Pharma (COLL) Prices 5M Share Stock Offering for Proceeds of $80M

October 26, 2016 9:02 AM EDT

Collegium Pharmaceutical, Inc. (Nasdaq: COLL) announced the pricing of its previously announced public offering of 5,000,000 shares of its common stock at a price to the public of $16.00 per share. In addition, Collegium has granted the underwriters a 30-day option to purchase up to an additional 750,000 shares of its common stock offered in the public offering on the same terms and conditions. The gross proceeds of this offering are expected to be $80 million, excluding underwriters discounts and commissions and any exercise of the underwriters option to purchase an... More