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Stock impact report

Biocept Announces Pricing of $10.0 Million Underwritten Public Offering

Biocept, Inc. (BIOC) 
Last biocept, inc. earnings: 3/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.biocept.com/investor-relations
Company Research Source: PR Newswire
SAN DIEGO, Dec. 9, 2019 /PRNewswire/ -- Biocept, Inc. (NASDAQ: BIOC) ("Biocept" or the "Company"), a leading commercial provider of liquid biopsy solutions, today announced the pricing of an underwritten public offering of 24,600,000 shares of its common stock (or pre-funded warrants to purchase common stock in lieu thereof) and warrants to purchase up to 24,600,000 shares of the Company's common stock.  Each share of common stock or pre-funded warrant is being sold together with one warrant to purchase one share of common stock at a combined price to the public of $0.405 per share and warrant.  Gross proceeds, before underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $10.0 million. The warrants will be immediately exercisable at a price of $0.405 per share of common stock and will expire five years from the date of issuance.  Additionally, if the volume-weighted average price of our common stock is below the exercise price per sha Show less Read more
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