scPharmaceuticals (SCPH) Prices 5.78M Share Common Offering at $8.65/Sh

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scPharmaceuticals Announces Pricing of Public Offering of Common Stock

May 20, 2020 11:18 PM EDT

BURLINGTON, Mass.--(BUSINESS WIRE)-- scPharmaceuticals Inc. (Nasdaq: SCPH), a pharmaceutical company focused on developing and commercializing products that have the potential to optimize the delivery of infused therapies, advance patient care, and reduce healthcare costs, today announced the pricing of an underwritten public offering of 5,780,347 shares of its common stock at a public offering price of $8.65 per share, before deducting underwriting discounts and commissions and other offering expenses, for gross proceeds of approximately $50.0 million. All shares of common stock to be sold in the offering are being offered by scPharmaceuticals. The... More