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Stock impact report

Monopar Therapeutics Inc. Announces Full Exercise of Over-Allotment by Underwriters

Monopar Therapeutics Inc. (MNPR) 
Company Research Source: GlobeNewswire
CHICAGO, Dec. 20, 2019 (GLOBE NEWSWIRE) -- Monopar Therapeutics Inc. today announced that the underwriters of its previously announced initial public offering of common stock have exercised in full their option to purchase an additional 166,666 shares of common stock. The additional shares were sold at the public offering price of $8.00 per share, before underwriting discounts and commissions. The closing is expected to occur on December 23, 2019, subject to customary closing conditions, bringing the total number of shares sold by Monopar Therapeutics in the initial public offering to 1,277,778 and total gross proceeds to approximately $10.2 million.  The total net proceeds, after deducting underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $9.3 million from the initial public offering. The shares began trading on the Nasdaq Capital Market on December 19, 2019 under the symbol “MNPR.”  JonesTrading Institutional Services LLC ac Show less Read more
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