Hoth Therapeutics Inc. (HOTH) Prices 1.449M Share Common Offering at $3.45/Sh

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Go back to Hoth Therapeutics Inc. (HOTH) Prices 1.449M Share Common Offering at $3.45/Sh

Hoth Announces Pricing of $5 Million Public Offering of Common Stock

March 24, 2020 9:00 AM EDT

NEW YORK, March 24, 2020 /PRNewswire/ --Hoth Therapeutics, Inc. (Nasdaq: HOTH) ("Hoth" or the "Company"), a biopharmaceutical company, today announced the pricing of its previously announced "best efforts" underwritten public offering of 1,449,275 shares of its common stock at a price to the public of $3.45 per share. Hoth expects to receive aggregate gross proceeds of approximately $5 million from the offering, before deducting the underwriting discount and estimated offering expenses. The offering is expected to close on or about March 26, 2020, subject to customary closing conditions.

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