ADMA Biologics (ADMA) Announces Proposed $75M Share Common Offering

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Go back to ADMA Biologics (ADMA) Announces Proposed $75M Share Common Offering

ADMA Biologics Announces Proposed $75 Million Public Offering of Common Stock

February 6, 2020 8:36 PM EST

RAMSEY, N.J. and BOCA RATON, Fla., Feb. 06, 2020 (GLOBE NEWSWIRE) -- ADMA Biologics, Inc. (Nasdaq: ADMA) (ADMA or the Company) an end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty plasma-derived biologics for the treatment of immunodeficient patients at risk for infection and others at risk for certain infectious diseases, today announced that it has commenced an $75 million underwritten public offering of its common stock. The Company intends to grant the underwriters of the offering a 30-day option to purchase up to an additional 15 percent of the number of shares... More