Hancock Jaffe Laboratories (HJLI) Prices 5.143M Unit

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Go back to Hancock Jaffe Laboratories (HJLI) Prices 5.143M Unit

Hancock Jaffe Laboratories Announces Pricing of Upsized $36 Million Offering

February 9, 2021 8:31 AM EST

IRVINE, CA / ACCESSWIRE / February 9, 2021 / Hancock Jaffe Laboratories, Inc. (NASDAQ: HJLI), a developer of medical devices that restore cardiac and vascular health, today announced the pricing of its upsized underwritten public offering of units for gross proceeds of approximately $36 million, prior to deducting underwriting discounts and commissions and offering expenses payable by the company.

The public offering is comprised of 5,142,856 units, priced at a public offering price of $7.00 per unit, consisting of an aggregate of 5,142,856 shares of common stock and warrants to purchase 2,571,428 shares of common stock. The warrants have an... More