Organovo Announces Proposed Public Offering of Common Stock
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Organovo (ONVO) Prices 9M Share Stock Offering for Proceeds of $25M
October 20, 2016 9:12 AM EDTOrganovo Holdings, Inc. (Nasdaq: ONVO) announced the sale of 9,000,000 shares of its common stock in an underwritten public offering at a price to the public of $2.75 per share. In addition, the Company has granted the underwriters a 30-day option to purchase up to 1,350,000 additional shares of its common stock on the same terms and conditions. The gross offering proceeds to Organovo from the sale of the shares are expected to be approximately $25.0 million, before deducting... More
