Marinus Pharma (MRNS) Prices 5M Share Common Offering for Gross Proceeds of $70M

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Go back to Marinus Pharma (MRNS) Prices 5M Share Common Offering for Gross Proceeds of $70M

Marinus Pharmaceuticals Announces Pricing of $70 Million Public Offering of Common Stock

December 8, 2020 9:35 AM EST

RADNOR, Pa.--(BUSINESS WIRE)-- Marinus Pharmaceuticals, Inc. (Nasdaq: MRNS), a pharmaceutical company dedicated to the development of innovative therapeutics to treat rare seizure disorders, today announced the pricing of an underwritten public offering of 5 million shares of its common stock for gross proceeds of $70 million, before deducting the underwriting discounts and commissions and other estimated offering expenses payable by Marinus. All of the shares of common stock are being offered by Marinus. The closing of the offering is expected to occur on or about December 10, 2020, subject to the satisfaction of customary closing... More