Provention Bio Inc. (PRVB) Prices 6.25M Share Common Offering at $16/Sh

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Go back to Provention Bio Inc. (PRVB) Prices 6.25M Share Common Offering at $16/Sh

Provention Bio Announces Pricing of $100 Million Public Offering of Common Stock

January 13, 2021 7:03 PM EST

RED BANK, N.J., Jan. 13, 2021 /PRNewswire/ -- Provention Bio, Inc. (Nasdaq: PRVB), a biopharmaceutical company dedicated to intercepting and preventing immune-mediated diseases, today announced the pricing of its previously announced underwritten public offering of 6,250,000 shares of its common stock at a public offering price of $16.00 per share. Gross proceeds to Provention Bio from the offering are expected to be $100 million, before deducting underwriting discounts and commissions and other offering expenses payable by Provention Bio. In addition, Provention Bio has granted the underwriters a 30-day option to purchase up... More