scPharmaceuticals (SCPH) Announces Proposed Share Offering

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Go back to scPharmaceuticals (SCPH) Announces Proposed Share Offering

scPharmaceuticals Announces Proposed Underwritten Public Offering of Common Stock and Pre-Funded Warrants

August 12, 2024 6:00 AM EDT

BURLINGTON, Mass., Aug. 12, 2024 (GLOBE NEWSWIRE) -- scPharmaceuticals Inc. (Nasdaq: SCPH) (the Company), a pharmaceutical company focused on developing and commercializing products that have the potential to optimize the delivery of infused therapies, advance patient care, and reduce healthcare costs, today announced a proposed underwritten public offering of shares (Shares) of its common stock or, in lieu of Shares, pre-funded warrants (the Pre-Funded Warrants) to purchase Shares (the Offering). scPharmaceuticals also expects to grant the underwriters a 30-day option to purchase up to an additional 15% of Shares offered in the Offering. All Shares and... More