Immunomedics (IMMU) Prices 14.736M Share Common Offering at $28.50/Sh

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Immunomedics Announces Pricing of Public Offering of Common Stock

April 28, 2020 11:51 PM EDT

MORRIS PLAINS, N.J., April 28, 2020 (GLOBE NEWSWIRE) -- Immunomedics, Inc. (NASDAQ: IMMU) (Immunomedics or the Company), a leading biopharmaceutical company in the area of antibody-drug conjugates, today announced the pricing of an underwritten public offering of 14,736,860 shares of its common stock at a public offering price of $28.50 per share, representing gross proceeds of approximately $420 million. In addition, Immunomedics... More