Offering consists of units of one common share, a half-share warrant
By Devika Patel
Knoxville, Tenn., July 22 - NeurogesX, Inc. said it arranged a $20.21 million private placement of units on Thursday.
The company will sell 11,749,552 units of one common share and a half-share warrant at $1.72 per unit.
The whole warrants are exercisable at $1.65for five years. The strike price is identical to the July 21 closing share price.
Leerink Swann LLC is the agent.
NeurogesX is a San Mateo, Calif.-based biopharmaceutical company.
| Issuer: | NeurogesX, Inc.
|
| Issue: | Units of one common share and a half-share warrant
|
| Amount: | $20,209,229
|
| Units: | 11,749,552
|
| Price: | $1.72
|
| Warrants: | One half-share warrant per unit
|
| Warrant expiration: | Five years
|
| Warrant strike price: | $1.65
|
| Agents: | Leerink Swann LLC
|
| Pricing date: | July 21
|
| Settlement date: | Feb. 4
|
| Stock symbol: | Nasdaq: NGSX
|
| Stock price: | $1.65 at close July 21
|
| Market capitalization: | $28.42 million
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
