Sol-Gel Technologies prices $33.1 million share offering at $72 each
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Sol-Gel Technologies Ltd. Announces Pricing of Oversubscribed Underwritten Offering
March 23, 2026 9:38 PM EDTNESS ZIONA, Israel, March 23, 2026 (GLOBE NEWSWIRE) -- Sol-Gel Technologies Ltd. (the Company) (NASDAQ: SLGL) today announced the pricing of an underwritten offering of 459,112 ordinary shares (the Shares) at a price of $72.00 per Share, resulting in gross proceeds to the Company, before deducting underwriting discounts and commissions and other estimated offering expenses, of approximately $33.1 million. All of the Shares are to be sold by the Company. The offering is expected to close on or about March 25, 2026, subject to satisfaction of customary closing conditions.
The offering included participation from new and... More
