Ritter Pharmaceuticals (RTTR) Prices 2.13M Share Common Offering for Proceeds of $5M
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Ritter Pharmaceuticals, Inc. Prices $5,000,000 Public Offering of Common Stock
October 26, 2016 8:01 AM EDTLOS ANGELES, CA -- (Marketwired) -- 10/26/16 -- Ritter Pharmaceuticals, Inc. (NASDAQ: RTTR) a pharmaceutical company developing novel therapeutic products that modulate the human gut microbiome to treat gastrointestinal diseases with its lead product, RP-G28, being developed for the treatment of lactose intolerance, today announced the pricing of an underwritten public offering of 2,127,660 shares of its common stock at a price to the public of $2.35. The gross proceeds to Ritter Pharmaceuticals, Inc. from this offering are expected to be approximately $5,000,000, before deducting underwriting discounts and commissions and other estimated offering expenses. Ritter... More