Auris Medical Prices $7 Million Public Offering
Auris Medical Holding AG (EARS)
Last auris medical holding ag earnings: 8/10 06:31 am
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US:NASDAQ Investor Relations:
ir.aurismedical.com
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Source: GlobeNewswire
Zug, Switzerland - July 12, 2018 - Auris Medical Holding AG (Nasdaq: EARS), a clinical-stage company dedicated to developing therapeutics that address important unmet medical needs in neurotology and mental health supportive care, announced today the pricing of an underwritten public offering of 17,948,717 common shares, Series A warrants to purchase 6,282,050 common shares and Series B warrants to purchase 4,487,179 common shares. The securities are being offered in a unit comprised of one share, one Series A warrant to purchase 0.35 of a share and one Series B warrant to purchase 0.25 of a share. The combined public offering price per unit is $0.39. The Series A warrants will have an initial per share exercise price of CHF 0.39, subject to customary adjustment, are exercisable immediately and will expire 7 years from the date of issuance. The Series B warrants will have an initial per share exercise price of CHF 0.39, subject to adjustment in the event the company issues certain
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