Veru, Inc. (VERU) Prices 6.45M Share Common Offering at $15.50/Sh

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Go back to Veru, Inc. (VERU) Prices 6.45M Share Common Offering at $15.50/Sh

Veru Announces Pricing of Public Offering of Common Stock

February 17, 2021 9:30 PM EST

MIAMI, Feb. 17, 2021 (GLOBE NEWSWIRE) -- Veru Inc. (NASDAQ: VERU), an oncology biopharmaceutical company with a focus on developing novel medicines for the management of prostate and breast cancer, announced today the pricing of an underwritten public offering of 6,451,613 shares of its common stock at a price to the public of $15.50 per share. The gross proceeds to Veru from the offering, before deducting underwriting discounts and commissions and other estimated offering expenses, are expected to be approximately $100 million. In addition, Veru has granted the underwriters a 30-day option to purchase up to an... More