Esperion Therapeutics (ESPR) Prices 33.17M Share Offering at $1.675/sh

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Esperion Announces $56.7 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

March 20, 2023 8:00 AM EDT

ANN ARBOR, Mich., March 20, 2023 (GLOBE NEWSWIRE) -- Esperion (NASDAQ: ESPR) (Esperion or the Company), today announced that it has entered into a definitive agreement with healthcare-focused institutional investors for the issuance and sale of an aggregate of 33,170,747 shares of its common stock (or common stock equivalents in lieu thereof) and short-term warrants to purchase up to an aggregate of 33,170,747 shares of common stock in a registered direct offering priced at-the-market under Nasdaq rules. Each share of common stock (or common stock equivalent in lieu thereof) is being sold together with one short-term... More