Osmotica Pharmaceuticals plc (OSMT) Prices 5M Share Common Offering at $6.55/Sh

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Osmotica Announces Pricing of Public Offering of Ordinary Shares

July 13, 2020 9:53 PM EDT

BRIDGEWATER, N.J., July 13, 2020 (GLOBE NEWSWIRE) -- Osmotica Pharmaceuticals plc (Nasdaq: OSMT) (Osmotica or the Company), a fully integrated biopharmaceutical company, announced today the pricing of its previously announced public offering of 5,000,000 ordinary shares at a price to the public of $6.55 per share. All of the shares are being offered by Osmotica. Osmotica also is granting the underwriters a 30-day option to purchase up to an additional 750,000 ordinary shares. The offering is expected to close on July 16, 2020, subject to satisfaction of customary closing conditions.

Credit Suisse Securities (USA) LLC is acting as... More