Neothetics (NEOT) Prices Upsized IPO at $14, Middle of Range
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Neothetics Prices Initial Public Offering
November 19, 2014 7:35 PM ESTSAN DIEGO, Nov. 19, 2014 (GLOBE NEWSWIRE) -- Neothetics, Inc. (Nasdaq: NEOT), a clinical-stage specialty pharmaceutical company developing therapeutics for the aesthetic market, today announced the pricing of its initial public offering of 4,650,000 shares of its common stock at a public offering price of $14.00 per share. In addition, Neothetics has granted the underwriters a 30-day option to purchase up to an additional 697,500 shares of common stock at the same price to cover over-allotments, if any. All shares of the common stock in this offering are being sold by Neothetics. The shares are scheduled to... More
