OptiNose (OPTN) Commences Proposed Public Offering of Common Stock

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Optinose Announces Proposed Public Offering of Common Stock

August 13, 2020 4:26 PM EDT

YARDLEY, Pa., Aug. 13, 2020 (GLOBE NEWSWIRE) -- Optinose (NASDAQ: OPTN), a pharmaceutical company focused on patients treated by ear, nose and throat and allergy specialists, today announced the commencement of a proposed underwritten public offering of shares of its common stock. All of the shares of common stock will be offered by Optinose. Optinose expects to grant the underwriter a 30-day option to purchase up to an additional 15% of the total number of shares of common stock.

Optinose intends to use the net proceeds of the offering for working capital and... More