PolarityTE Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriter’s Option
Corner Growth Acquisition Corp. - Class A Ordinary Shares (COOL)
US:NASDAQ Investor Relations:
ir.polarityte.com
Company Research
Source: GlobeNewswire
SALT LAKE CITY, April 16, 2018 (GLOBE NEWSWIRE) -- PolarityTE, Inc. (Nasdaq:COOL), a commercial-stage biotechnology and regenerative biomaterials company focused on transforming the lives of patients by discovering, designing and developing a range of regenerative tissue products for the fields of medicine, biomedical engineering and material sciences, today closed its previously announced public offering of 2,031,250 shares of its common stock, plus an additional 304,687 shares sold upon full exercise of the underwriter’s option to purchase additional shares at the public offering price less underwriting discounts and commissions. Net proceeds to the Company from the offering are expected to be approximately $34.2 million after deducting underwriting discounts and commissions and estimated offering expenses. Cantor Fitzgerald & Co. acted as the sole book-running manager for the offering. Allele Capital Partners acted as a financial advisor to PolarityTE in connection with the offe
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