Xeris Pharmaceuticals Inc. (XERS) Prices 9M Share Common Offering at $4.15/Sh

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Xeris Pharmaceuticals Announces Pricing of Public Offering of Shares of Common Stock

February 11, 2020 7:07 PM EST

CHICAGO, Feb. 11, 2020 (GLOBE NEWSWIRE) -- Xeris Pharmaceuticals, Inc. (Nasdaq: XERS), a specialty pharmaceutical company leveraging its novel technology platforms to develop and commercialize ready-to-use injectable and infusible drug formulations, today announced the pricing of an underwritten public offering of 9,000,000 shares of its common stock at a public offering price of $4.15 per share, before underwriting discounts and commissions and other offering expenses, for gross proceeds of approximately $37.4 million.  All shares of common stock will be offered by Xeris.  The Company has also granted the underwriters a 30-day option to purchase from the... More