Rockwell Medical Technologies (RMTI) Announces Proposed Common Share Offering

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Rockwell Medical Announces Proposed Public Offering of Common Stock

February 6, 2020 8:26 PM EST

WIXOM, Mich., Feb. 03, 2020 (GLOBE NEWSWIRE) -- Rockwell Medical, Inc. (Nasdaq: RMTI) (Rockwell Medical or the Company), a biopharmaceutical company dedicated to transforming anemia management and improving outcomes for patients around the world, today announced an underwritten public offering of its common stock. In addition, Rockwell Medical has granted the underwriter a 30-day option to purchase up to an additional 15% of the number of shares of its common stock offered in the public offering.

Cantor Fitzgerald & Co. is acting as the sole book-running manager for the offering.

Rockwell Medical anticipates using the net... More