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NEWS
Zevra Therapeutics Announces Pricing of Underwritten Offering of Common Stock
Zevra Therapeutics (Nasdaq: ZVRA) has announced the pricing of an underwritten public offering of 9,230,770 shares of its common stock at $6.50 per share. This offering is expected to generate gross proceeds of approximately $60.0 million. The company has also granted underwriters a 30-day option to purchase up to an additional 1,384,615 shares. Cantor and William Blair are acting as joint book-running managers, with Citizens JMP and H.C. Wainwright & Co. as co-managers. The offering, subject to customary closing conditions, is anticipated to close on August 12, 2024. This public offering is being conducted under a registration statement filed with the SEC on June 4, 2024, which became effective on June 13, 2024.
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F HALE : it trading at 6.50 now
Jaguar8 OP F HALE : Will drop more for sure
Christina Harrison : Part of me wants to laugh the other part wants to go back to...nope the stock market is not for me...