Ocugen (OCGN) Announces 3M Share Registered Direct Offering at $7.65/Sh

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Ocugen Inc. Announces $23 Million Registered Direct Offering of Common Stock Priced at a Premium to Market

February 7, 2021 9:44 PM EST

MALVERN, Pa., Feb. 07, 2021 (GLOBE NEWSWIRE) -- Ocugen, Inc. (Nasdaq: OCGN), a biopharmaceutical company focused on discovering, developing, and commercializing gene therapies to cure blindness diseases and developing a vaccine to fight COVID-19, today announced that it has entered into definitive agreements with healthcare-focused institutional investors for the sale of an aggregate of 3,000,000 shares of its common stock at a purchase price of $7.65 per share in a registered direct offering. The offering is expected to close on or about February 10, 2021, subject to the satisfaction of customary closing conditions.

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