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ADMP
Adamis Pharmaceuticals Prices $45 Million Share Offering; Shares Down 17%
Adamis Pharmaceuticals (ADMP) said Friday it priced an underwritten public offering of about 40.5 million common shares at $1.11 each for proceeds of about $45 million.
The company granted the underwriters a 30-day option to purchase up to about 6.1 million additional shares at the same offering price. Adamis said it expects the offering to close on Feb. 2 and proceeds will be used for general working capital.
Shares were down 17% in morning trading.
Price: 1.16, Change: -0.24, Percent Change: -17.14
Adamis Pharmaceuticals (ADMP) said Friday it priced an underwritten public offering of about 40.5 million common shares at $1.11 each for proceeds of about $45 million.
The company granted the underwriters a 30-day option to purchase up to about 6.1 million additional shares at the same offering price. Adamis said it expects the offering to close on Feb. 2 and proceeds will be used for general working capital.
Shares were down 17% in morning trading.
Price: 1.16, Change: -0.24, Percent Change: -17.14
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.