Brickell Biotech (BBI) Announces Proposed Underwritten Public Offering of Common Stock
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Brickell Biotech (BBI) Prices 26.3M Share Offering at $0.38/sh
October 28, 2021 8:00 AM EDTBrickell Biotech, Inc. (Nasdaq: BBI) (Brickell), a clinical-stage pharmaceutical company striving to transform patient lives by developing innovative and differentiated prescription therapeutics for the treatment of dermatologic, autoimmune and other debilitating diseases, announced today the pricing of its previously announced underwritten public offering of 26,316,000 shares of its common stock at a price to the public of $0.38 per share. In addition, Brickell has granted the underwriters a 30-day option to purchase up to 3,947,400 additional shares of common stock at the public offering price, less the underwriting discount. The offering is expected to close on November 1, 2021, subject... More
