Liquidia Technologies (LQDA) Prices 3.49M Share Offering at $7.16/sh

Go back to Liquidia Technologies (LQDA) Prices 3.49M Share Offering at $7.16/sh

Liquidia Announces Pricing of Public Offering of Common Stock

December 12, 2023 7:13 AM EST

MORRISVILLE, N.C., Dec. 12, 2023 (GLOBE NEWSWIRE) -- Liquidia Corporation (NASDAQ: LQDA) announced today that it has priced an underwritten public offering of 3,491,620 shares of common stock at a public offering price of $7.16 for total gross proceeds of approximately $25.0 million, before deducting underwriting discounts and commissions and expenses payable by Liquidia. The offering is expected to close on December 14, 2023, subject to customary closing conditions.   

BofA Securities acted as the sole book-running manager for the offering. BTIG acted as lead manager.

Net proceeds from the offering are expected to fund ongoing commercial development of YUTREPIA... More