Chiasma Announces Proposed Public Offering of Common Stock and Pre-Funded Warrants

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Chiasma Inc. (CHMA) Announces Pricing of Public Offering of $70 Million of Common Stock and Pre-Funded Warrants

July 1, 2020 9:05 AM EDT

Chiasma, Inc. (NASDAQ: CHMA), a commercial biopharmaceutical company focused on developing and commercializing oral therapies utilizing its proprietary Transient Permeability Enhancer (TPE®) delivery platform technology to reduce the burden of chronic injections for people with rare diseases, today announced the pricing of its previously announced underwritten public offering of 12,500,000 shares of its common stock and, to certain investors in lieu thereof, pre-funded warrants to purchase up to 5,000,000 shares of its common stock at an exercise price of $0.0001 per share.... More