Axsome Therapeutics (AXSM) Prices 2M Share Offering at $87

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Go back to Axsome Therapeutics (AXSM) Prices 2M Share Offering at $87

Axsome Therapeutics Announces Pricing of Public Offering of $174 Million of Shares of Common Stock

December 19, 2019 7:05 AM EST

NEW YORK, Dec. 19, 2019 (GLOBE NEWSWIRE) -- Axsome Therapeutics, Inc. (Nasdaq: AXSM) (Axsome or the Company), a clinical-stage biopharmaceutical company developing novel therapies for the management of central nervous system (CNS) disorders, today announced the pricing of an underwritten public offering of 2,000,000 shares of its common stock at a public offering price of $87.00 per share. The proceeds from the offering, before deducting the underwriting discounts and commissions and other estimated offering expenses payable by Axsome, are expected to be $174.0 million. In addition, Axsome has granted the underwriters a 30-day option to purchase up to... More