NeuBase Therapeutics (NBSE) Prices 5.25M Share Common Offering at $6/Sh

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NeuBase Therapeutics Announces Pricing of $31,500,000 Public Offering of Common Stock

April 28, 2020 9:43 AM EDT

PITTSBURGH, April 28, 2020 (GLOBE NEWSWIRE) -- NeuBase Therapeutics, Inc. (Nasdaq: NBSE), a preclinical-stage biotechnology company focused on developing next generation therapies to treat rare genetic diseases caused by mutant genes, announced today the pricing of an underwritten public offering of 5,250,000 shares of its common stock, at a price to the public of $6.00 per share. The gross proceeds to NeuBase from the offering, before deducting the underwriting discounts and commissions and offering expenses payable by NeuBase, are expected to be approximately $31,500,000, excluding any exercise of the underwriters option to purchase additional shares of common... More