Quotient (QTNT) Prices 12M Share Common Offering at $7/Sh

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Go back to Quotient (QTNT) Prices 12M Share Common Offering at $7/Sh

Quotient Limited Announces Pricing of Underwritten Offering of Ordinary Shares

November 6, 2019 10:00 PM EST

JERSEY, Channel Islands, Nov. 06, 2019 (GLOBE NEWSWIRE) -- Quotient Limited (NASDAQ: QTNT) (the Company), a commercial-stage diagnostics company, today announced the pricing of its previously announced underwritten public offering of 12,000,000 ordinary shares at a price to the public of $7.00 per share. The net proceeds to the Company from this offering are expected to be approximately $78.4 million, after deducting underwriting discounts and commissions and other estimated offering expenses payable by the Company.  All of the ordinary shares sold in the offering were offered by the Company. In addition, the Company has... More