Catalyst Pharmaceuticals (CPRX) Announces Proposed $150M Share Offering

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Catalyst Pharmaceuticals, Inc. Announces Proposed Public Offering of Common Stock

January 4, 2024 4:49 PM EST

CORAL GABLES, Fla., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Catalyst Pharmaceuticals, Inc. (Catalyst or the Company) (Nasdaq: CPRX) announced today that it has commenced an underwritten public offering of $150,000,000 of its common stock. Catalyst also intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock offered in the public offering, at the public offering price, less underwriting discounts. The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or... More