Corbus Pharma (CRBP) Prices 6.67M Share Common Offering at $6/Sh

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Go back to Corbus Pharma (CRBP) Prices 6.67M Share Common Offering at $6/Sh

Corbus Pharmaceuticals Announces Pricing of Public Offering of Common Stock

February 7, 2020 9:02 AM EST

Norwood, MA, Feb. 07, 2020 (GLOBE NEWSWIRE) -- Corbus Pharmaceuticals Holdings, Inc. (Nasdaq: CRBP) (Corbus or the Company), a clinical-stage drug development company pioneering transformative medicines that target the endocannabinoid system, today announced the pricing of an underwritten public offering of 6,666,667 shares of its common stock at a public offering price of $6.00 per share, for a total public offering size of approximately $40 million, before deducting underwriting discounts and estimated offering expenses. In addition, Corbus has granted the underwriters a 30-day option to purchase up to an additional 1,000,000 shares of its common stock on the... More