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0 0.0244897959183674 0 0.020408163265306 0.020408163265306 0.020408163265306 0.020408163265306 0.0244897959183674
Stock impact report

ASLAN Pharmaceuticals Announces Closing of US$15 Million Public Offering of American Depositary Shares, Including Full Exercise of Underwriter’s Option to Purchase Additional ADSs

ASLAN Pharmaceuticals Ltd ADS (ASLN)  More Company Research Source: GlobeNewswire
US:NASDAQ Investor Relations: ir.aslanpharma.com
PDF SINGAPORE, Dec. 06, 2019 (GLOBE NEWSWIRE) -- ASLAN Pharmaceuticals Limited (Nasdaq:ASLN, TPEx:6497), a clinical-stage oncology and immunology focused biopharma company, today announced the closing of its previously announced underwritten public offering of 5,893,206 American Depositary Shares (“ADSs”) at a public offering price of US$2.50 per ADS, including the exercise in full of the underwriter’s option to purchase additional ADSs. Each ADS represents five ordinary shares of ASLAN. The gross proceeds to ASLAN, before deducting underwriting discounts, commissions and other offering expenses, were approximately US$14.7 million. The aggregate offering amount, including the underwriter’s option, reflects the maximum market value of securities that ASLAN is allowed to sell under “baby shelf” rules currently applicable to its effective shelf registration statement on Form F-3. H.C. Wainwright & Co. acted as sole book-running manager for the offering. The securities described a [Read more]
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