Flexion Therapeutics (FLXN) Prices 9.23M Share Common Offering at $9.75/Sh

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Go back to Flexion Therapeutics (FLXN) Prices 9.23M Share Common Offering at $9.75/Sh

Flexion Therapeutics Announces Pricing of Public Offering of Common Stock

May 21, 2020 7:30 AM EDT

BURLINGTON, Mass., May 21, 2020 (GLOBE NEWSWIRE) -- Flexion Therapeutics, Inc. (Nasdaq: FLXN) today announced the pricing of an underwritten public offering of 9,230,770 shares of its common stock at a price to the public of $9.75 per share. The gross proceeds from this offering are expected to be approximately $90.0 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by Flexion. The offering is expected to close on or about May 26, 2020, subject to customary closing conditions. Flexion has also granted the underwriters a 30-day option to purchase up to 1,384,615 additional... More