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0 0.0337530690985619 -0.00280603297088747 0.0171869519466853 0.0277095755875131 0.00666432830585764 0.0242020343739039 0.0237109786039985
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Menlo Therapeutics Announces Closing of Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares

MENLO THERAPEUTICS INC COMMON (MNLO)  More Company Research Source: GlobeNewswire
US:NASDAQ Investor Relations: ir.menlotherapeutics.com/investor-relations
PDF REDWOOD CITY, Calif., Jan. 29, 2018 (GLOBE NEWSWIRE) -- Menlo Therapeutics Inc. (NASDAQ:MNLO) today announced the closing of the Company’s initial public offering of 8,050,000 shares of common stock at a public offering price of $17.00 per share, which includes the exercise in full by the underwriters of their option to purchase up to an additional 1,050,000 shares of common stock. Aggregate gross proceeds to the Company were approximately $136.9 million, before underwriting discounts, commissions and estimated offering expenses. All of the shares in the offering were offered by Menlo. Menlo’s common stock is listed on The NASDAQ Global Select Market under the ticker symbol “MNLO.” Jefferies LLC, Piper Jaffray & Co. and Guggenheim Securities, LLC are acting as joint book running managers for the proposed offering. JMP Securities is acting as the lead manager for this offering. A registration statement relating to the shares sold in this offering was declared effective by the Secur [Read more]

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