RedHill Biopharma (RDHL) Prices 4.7M ADS Offering

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Go back to RedHill Biopharma (RDHL) Prices 4.7M ADS Offering

RedHill Biopharma (RDHL) Announces ADS Offering, Size not Disclosed

November 18, 2021 4:04 PM EST

RedHill Biopharma Ltd. (Nasdaq: RDHL), a specialty biopharmaceutical company, today announced an underwritten public offering of American Depositary Shares ("ADSs"). Each ADS represents ten ordinary shares, par value NIS 0.01 per share, of the Company. All of the ADSs to be sold in the offering will be offered by RedHill. RedHill has granted the underwriter a 30-day option to purchase up to an additional 15 percent of the number of ADSs offered in the... More