Immunomedics (IMMU) Prices 14.286M Share Common Offering at $17.50/Sh

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Go back to Immunomedics (IMMU) Prices 14.286M Share Common Offering at $17.50/Sh

Immunomedics Announces Pricing of Public Offering of Common Stock

December 4, 2019 8:29 PM EST

MORRIS PLAINS, N.J., Dec. 04, 2019 (GLOBE NEWSWIRE) -- Immunomedics, Inc. (NASDAQ: IMMU) (Immunomedics or the Company), a leading biopharmaceutical company in the area of antibody-drug conjugates (ADC), today announced the pricing of an underwritten public offering of 14,285,715 shares of its common stock at a public offering price of $17.50 per share, representing gross proceeds of approximately $250 million. In addition,... More