KemPharm (KMPH) IPO Opens Up 7%

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Go back to KemPharm (KMPH) IPO Opens Up 7%

KemPharm Announces Pricing of Initial Public Offering

April 15, 2015 9:11 PM EDT

CORALVILLE, Iowa, April 15, 2015 (GLOBE NEWSWIRE) -- KemPharm, Inc., a clinical-stage specialty pharmaceutical company engaged in the discovery and development of proprietary new molecular entity (NME) prodrugs, announced today the pricing of its initial public offering of 5,090,909 shares of its common stock at a price to the public of $11.00 per share. The shares are expected to begin trading on The NASDAQ Global Market under the ticker symbol "KMPH" on April 16, 2015. All of the common stock is being offered by KemPharm. In addition, KemPharm has granted the underwriters a 30-day option to purchase up to 763,636... More