Xenon Pharmaceuticals (XENE) Prices 8.47M Share Offering at $29.50/sh

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Go back to Xenon Pharmaceuticals (XENE) Prices 8.47M Share Offering at $29.50/sh

Xenon Pharmaceuticals Announces Pricing of $300.0 Million Public Offering

October 5, 2021 9:54 PM EDT

BURNABY, British Columbia, Oct. 05, 2021 (GLOBE NEWSWIRE) -- Xenon Pharmaceuticals Inc. (Nasdaq: XENE), a clinical stage biopharmaceutical company, today announced the pricing of its underwritten public offering of 8,474,577 common shares and, in lieu of common shares to certain investors, pre-funded warrants to purchase up to 1,694,915 common shares pursuant to its existing shelf registration statement. The common shares are being offered at a public offering price of $29.50 per common share and the pre-funded warrants are being offered at a price of $29.4999 per pre-funded warrant. The gross proceeds to Xenon from the offering, before deducting... More