Spectrum Pharma (SPPI) Announces Proposed Public Offering of Common Stock

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Go back to Spectrum Pharma (SPPI) Announces Proposed Public Offering of Common Stock

Spectrum Pharmaceuticals Announces Proposed Public Offering of Common Stock

July 29, 2020 4:27 PM EDT

HENDERSON, Nev.--(BUSINESS WIRE)-- Spectrum Pharmaceuticals, Inc. (Nasdaq-GS: SPPI) (Spectrum), a biopharmaceutical company focused on novel and targeted oncology therapies, today announced that it intends to offer and sell shares of its common stock in an underwritten registered public offering. All of the shares in the offering are to be sold by Spectrum. Spectrum also intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering at the public offering price, less underwriting discounts and commissions. The... More