New Issue: Acusphere prices $18.72 million follow on offering at $5.25, discounted from $5.93 close

By Ronda Fears

Nashville, Sept. 23 - Acusphere Inc. priced an offering of 3,566,000 shares of its common stock at $5.25 each, discounted from the close Thursday at $5.93, via bookrunner Piper Jaffray & Co.

Based in Watertown, Mass., Acusphere has three product candidates in clinical development in the areas of cardiology, oncology and asthma. Its lead candidate, AI-700, is in phase III clinical development for the detection of coronary artery disease.

Issuer:	Acusphere Inc.
Issue:	Follow-on stock offering
Gross proceeds:	$18,721,500
Net proceeds:	$17.5 million
Shares:	3,566,000
Price:	$5.25 per share
Bookrunner:	Piper Jaffray & Co.
Pricing date:	Sept. 22
Settlement date:	Sept. 28
Ticker:	ACUS
Stock price:	$5.93 at close Sept. 22

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