Applied Therapeutics Inc. (APLT) Announces Proposed 1.75M Share Common Offering
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Applied Therapeutics, Inc. Announces Offering of 1,750,000 Shares of Common Stock
January 21, 2020 4:15 PM ESTNEW YORK, Jan. 21, 2020 (GLOBE NEWSWIRE) -- Applied Therapeutics, Inc. (NASDAQ: APLT) (the Company), a clinical-stage biopharmaceutical company developing a pipeline of novel drug candidates against validated molecular targets in indications of high unmet medical need, today announced that it plans to make a public offering of 1,750,000 shares of its common stock, par value $0.0001 per share, in an underwritten registered public offering. The Company expects to grant the underwriters a 30-day option to purchase up to 262,500 additional shares of common stock.
The Company intends to use the net proceeds from this offering,... More
