SteadyMed (STDY) IPO Prices at $8.50/Share, Well Below Expected Range
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SteadyMed Announces Pricing of Initial Public Offering
March 20, 2015 7:00 AM EDTSAN RAMON, Calif., March 20, 2015 (GLOBE NEWSWIRE) -- SteadyMed Ltd., a specialty pharmaceutical company, today announced the pricing of its initial public offering of 4,700,000 ordinary shares at a price to the public of $8.50 per share. SteadyMed's ordinary shares are expected to begin trading on The NASDAQ Global Market under the symbol "STDY" on March 20, 2015. The offering is expected to close on March 25, 2015, subject to customary closing conditions. All of the ordinary shares are being offered by SteadyMed. In addition, SteadyMed has granted the underwriters a 30-day option to purchase up to an additional 705,000 ordinary... More
