Relmada Therapeutics (RLMD) Announces $100M Proposed Public Offering of Common Stock

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Relmada Therapeutics (RLMD) Prices Upsized 8.82M Share Offering at $17/sh

December 9, 2021 5:45 AM EST

Relmada Therapeutics, Inc. (Nasdaq: RLMD), a late-stage biotechnology company addressing diseases of the central nervous system (CNS), today announced the pricing of an upsized underwritten public offering of 8,823,530 shares of its common stock at a public offering price of $17.00 per share. The gross proceeds to Relmada from the offering, before deducting underwriting discounts and commissions and other expenses payable by Relmada, are expected to be approximately $150 million. All of the shares in the offering are being sold by Relmada. The offering is expected to close on December 13, 2021, subject to customary closing conditions. In addition,... More