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Flexion announces plans to price $60 million public sale of its stock
Joint bookrunners Wells Fargo, RBC Capital and BMO Capital to assist
By Devika Patel
Knoxville, Tenn., June 7 – Flexion Therapeutics Inc. will conduct a $60 million public offering of common stock with a 30-day greenshoe for $9 million additional shares, according to a preliminary prospectus supplement filed Tuesday with the Securities and Exchange Commission.
Wells Fargo Securities LLC, RBC Capital Markets and BMO Capital Markets are the bookrunners.
Proceeds will be used for general corporate purposes.
The Burlington, Mass., specialty pharmaceutical company develops injectable pain therapies.
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