Harrow Health (HROW) Prices 3.38M Share Offering at $17.75/sh

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Harrow Prices $60 Million Public Offering of Common Stock

July 19, 2023 7:00 AM EDT

NASHVILLE, Tenn.--(BUSINESS WIRE)-- Harrow (Nasdaq: HROW), a leading U.S. eyecare pharmaceutical company, today announced that it priced an underwritten registered public offering of 3,380,282 shares of its common stock at a price of $17.75 per share for aggregate gross proceeds of $60 million. The offering is expected to close on or about July 21, 2023, subject to customary closing conditions. Harrow also announced that it had granted the underwriters a 30day option to purchase an additional 507,042 shares of its common stock in connection with the offering.

The Company expects to use the... More