Edge Therapeutics (EDGE) IPO Prices at $11, Well Below Expected Range

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Edge Therapeutics Announces Pricing of Its Initial Public Offering

September 30, 2015 8:33 PM EDT

BERKELEY HEIGHTS, N.J., Sept. 30, 2015 (GLOBE NEWSWIRE) -- Edge Therapeutics, Inc. (Nasdaq: EDGE) today announced the pricing of its initial public offering of 7,315,151 shares of its common stock at a public offering price of $11.00 per share, before underwriting discounts and commissions.  All of the shares of common stock are being offered by Edge Therapeutics. In addition, Edge Therapeutics granted the underwriters a 30-day option to purchase up to an additional 1,097,272 shares of common stock at the same price, to cover over-allotments, if any. The shares are scheduled to begin trading on The NASDAQ Global... More