Evofem Biosciences (EVFM) Announces Proposed Common Share Offering

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Evofem Announces Proposed Public Offering of Common Stock

June 2, 2020 4:01 PM EDT

SAN DIEGO, June 2, 2020 /PRNewswire/ -- Evofem Biosciences, Inc. (NASDAQ: EVFM), a commercial-stage biopharmaceutical company committed to developing and commercializing innovative products to address unmet needs in women's sexual and reproductive health, today announced that it intends to offer and sell, subject to market and other conditions, shares of its common stock in an underwritten public offering. In addition, Evofem expects to grant the underwriters a 30-day option to purchase up to an additional 15% of shares of its common stock offered in the offering at the public offering price,... More