IVERIC bio (ISEE) Announces 11.65M Share Offering at $8.60/sh

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IVERIC bio, Inc. Announces Pricing of $100 Million Public Offering of Common Stock

July 12, 2021 10:09 PM EDT

NEW YORK--(BUSINESS WIRE)-- IVERIC bio, Inc. (Nasdaq: ISEE) (the Company), today announced the pricing of an underwritten public offering of 11,650,000 shares of its common stock at a price to the public of $8.60 per share, less underwriting discounts and commissions. In addition, in connection with the offering, the Company has granted the underwriters an option for a period of 30 days to purchase up to an additional 1,747,500 shares of common stock at the public offering price, less underwriting discounts and commissions. All of the shares are being offered by the Company.

The gross... More