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Stock impact report

Evoke Pharma Announces $10 Million Registered Direct Offering Priced At-The-Market

Evoke Pharma, Inc. (EVOK) 
Last evoke pharma, inc. earnings: 11/7 08:30 am Check Earnings Report
Company Research Source: GlobeNewswire
SOLANA BEACH, Calif., July 29, 2016 (GLOBE NEWSWIRE) -- Evoke Pharma, Inc. (Nasdaq:EVOK) ("Evoke Pharma" or "the Company"), today announced that it has entered into definitive agreements with institutional investors for an offering of shares of common stock with gross proceeds of approximately $10 million in a registered direct offering priced at the market price. The closing of the offering is expected to take place on or about August 3, 2016, subject to the satisfaction of customary closing conditions. In connection with the offering, the Company will issue approximately $10 million of registered shares of common stock at a purchase price of $3.0825 per share.  Concurrently in a private placement, for each share of common stock purchased by an investor, such investor will receive from the Company an unregistered warrant to purchase 0.50 shares of common stock.  The warrants have an exercise price of $3.03 per share, will be exercisable immediately and will expire 5.5 years from t Show less Read more
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