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Savara Announces Closing Of Public Offering Of Common Stock

SAVARA INC COMMON (SVRA)  More Company Research Source: PR Newswire
Last savara inc common earnings: 8/9 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: savarapharma.com/investors/events-presentations
PDF AUSTIN, Texas, June 7, 2017 /PRNewswire/ -- Savara Inc. (NASDAQ: SVRA), a clinical-stage specialty pharmaceutical company focused on the development and commercialization of novel therapies for the treatment of serious or life-threatening rare respiratory diseases, today announced the closing of an underwritten public offering of 9,034,210 shares of its common stock at a price to the public of $4.75 per share, which included 613,157 shares upon the partial exercise of the underwriters' option to purchase additional shares of Savara common stock at the public offering price, less the underwriting discounts and commissions. Zambon SpA purchased 4,693,540 shares of Savara's common stock in this offering and holds approximately 19.4% of Savara's outstanding shares following the closing. The aggregate gross proceeds from the offering, before deducting the underwriting discounts and commissions and offering expenses, were approximately $42.9 million. Savara intends to use the net proceeds f [Read more]

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