Oncolytics Biotech® Announces Public Offering of Common Shares

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UPDATE: Oncolytics Biotech (ONCY) Prices 1.37M Common Stock Offering at $5.83/Share

June 1, 2018 9:14 AM EDT

(Updated - June 1, 2018 9:15 AM EDT)

(Update corrects company name in headline)

Oncolytics Biotech® Inc. (NASDAQ: ONCY), currently developing REOLYSIN® (pelareorep), an intravenously delivered immuno-oncolytic virus turning cold tumors hot, today announced the pricing of its underwritten public offering of 1,372,213 common shares (the Offering). The shares are being sold at a public offering price of USD $5.83 per share. The gross offering proceeds to the Company from this Offering are expected to be approximately USD $8,000,000 million, before deducting underwriting discounts and commissions and other estimated offering expenses. All of the shares are being... More