Veru Announces Proposed Public Offering of Common Stock

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Go back to Veru Announces Proposed Public Offering of Common Stock

Veru, Inc. (VERU) Prices 7.14M Common Stock Offering at $1.40/Share

September 27, 2018 9:06 AM EDT

Veru Inc. (NASDAQ: VERU), an oncology and urology biopharmaceutical company, today announced the pricing of an underwritten public offering of 7,142,857 shares of its common stock at a price of $1.40 per share, for gross proceeds of $10 million, before deducting underwriting discounts and commissions and other estimated offering expenses. In addition, Veru has granted the underwriters a 30-day option to purchase up to 1,071,428 additional shares of common stock at the public offering price, less underwriting discounts and commissions. The offering is... More