MEI Pharma (MEIP) Announces Proposed 17.5M Share Public Offering of Common Stock

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MEI Pharma Announces Proposed Public Offering of Common Stock

November 30, 2021 4:00 PM EST

SAN DIEGO--(BUSINESS WIRE)-- MEI Pharma, Inc. (Nasdaq: MEIP), a late-stage pharmaceutical company focused on advancing new therapies for cancer, announced today that it plans to offer 17,500,000 shares of its common stock in an underwritten public offering. In connection with the offering, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the 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 when the offering may... More