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Stock impact report

Palvella Therapeutics Announces Pricing of Upsized Public Offering [Yahoo! Finance]

Broadridge Financial Solutions, Inc. (BR) 
Last broadridge financial solutions, inc. earnings: 1/31 07:00 am Check Earnings Report
US:NYSE Investor Relations: broadridge-ir.com
Company Research Source: Yahoo! Finance
clinical-stage biopharmaceutical company focused on developing and commercializing novel therapies to treat patients suffering from serious, rare skin diseases and vascular malformations for which there are no U.S. Food and Drug Administration (FDA)-approved therapies, today announced the pricing of its upsized public offering of 1,600,000 shares of its common stock at a price to the public of $125.00 per share. In addition, Palvella has granted the underwriters a 30-day option to purchase up to an additional 240,000 shares of its common stock at the public offering price, less underwriting discounts and commissions. The aggregate gross proceeds to Palvella from this offering are expected to be $200 million, before deducting underwriting discounts and commissions and other offering expenses, assuming no exercise of the underwriters' option to purchase additional shares. All shares of common stock are being offered by Palvella. The offering is expected to close on or about February 27, Show less Read more
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