Novan (NOVN) Announced Proposed Offering of Common Stock

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Go back to Novan (NOVN) Announced Proposed Offering of Common Stock

Novan Announces Proposed Public Offering of Common Stock

June 16, 2021 4:01 PM EDT

DURHAM, N.C., June 16, 2021 (GLOBE NEWSWIRE) -- Novan, Inc. (the Company or Novan) (NASDAQ: NOVN) today announced a proposed underwritten public offering of its common stock (the Offering). All shares to be sold in the Offering will be sold by Novan. The Company also expects to grant to the underwriter for the Offering a 30-day option to purchase up to an additional 15 percent of the number of shares of common stock offered in the public offering. The Offering is subject to market conditions, and there can be no assurance as to whether or... More