Verona Pharma plc (VRNA) Announces Proposed Stock Offering

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Verona Pharma plc Announces Proposed Underwritten Public Offering

August 9, 2022 4:16 PM EDT

LONDON and RALEIGH, N.C., Aug. 09, 2022 (GLOBE NEWSWIRE) -- Verona Pharma plc (Nasdaq: VRNA) (Verona Pharma or the Company), a clinical-stage biopharmaceutical company focused on respiratory diseases, today announced a proposed underwritten public offering of 10 million American Depositary Shares (ADSs), each representing eight ordinary shares of Verona Pharma, nominal value £0.05 per share (the Offering). All ADSs in the Offering will be offered by Verona Pharma. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to... More