Osmotica Pharmaceuticals (OSMT) Announces 5M Share Proposed Public Offering of Ordinary Shares
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Osmotica Announces Proposed Public Offering of Ordinary Shares
July 13, 2020 4:14 PM EDTBRIDGEWATER, N.J., July 13, 2020 (GLOBE NEWSWIRE) -- Osmotica Pharmaceuticals plc (Nasdaq: OSMT) (Osmotica or the Company), a fully integrated biopharmaceutical company, announced today the commencement of a proposed public offering of 5,000,000 ordinary shares. All of the shares will be offered by Osmotica. Osmotica also expects to grant the underwriters a 30-day option to purchase up to an additional 750,000 ordinary shares.
Credit Suisse Securities (USA) LLC will act as sole bookrunner for the proposed offering.
The ordinary shares will be offered and sold pursuant to the Companys effective registration statement on... More
