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Stock impact report

Evoke Pharma Announces Closing of $7.5 Million Public Offering [Yahoo! Finance]

Evoke Pharma, Inc. (EVOK) 
Last evoke pharma, inc. earnings: 11/7 08:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
SOLANA BEACH, Calif., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Evoke Pharma, Inc. (NASDAQ: EVOK), a specialty pharmaceutical company focused primarily on treatments for gastrointestinal (GI) diseases with an emphasis on GIMOTI ® (metoclopramide) nasal spray, announced today that it has closed an underwritten public offering led by Nantahala Capital Management, with participation by other fundamental investors, for gross proceeds of up to $30 million, which included an initial upfront funding of approximately $7.5 million, prior to deducting underwriting discounts and commissions and estimated offering expenses. "We are pleased to have closed this offering with these fundamental, healthcare-oriented institutional investors," stated Evoke Pharma Chief Executive Officer Dave Gonyer. "With the momentum we're experiencing in new prescribers and prescriptions and our continued capital efficient infrastructure, we expect that, based on our current operating plan, our existing cash and cash equiv Show less Read more
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