Opiant Pharmaceuticals Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriters’ Option to Purchase Additional Shares
Opiant Pharmaceuticals, Inc. (OPNT)
Last opiant pharmaceuticals, inc. earnings: 3/4 04:05 pm
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Source: GlobeNewswire
SANTA MONICA, Calif., Sept. 28, 2018 (GLOBE NEWSWIRE) -- Opiant Pharmaceuticals, Inc. (NASDAQ: OPNT), a specialty pharmaceutical company developing pharmacological treatments for addictions and drug abuse, today announced the closing of its previously announced underwritten public offering of 811,764 shares of its common stock, including 105,882 shares sold upon full exercise of the underwriters’ option to purchase additional shares, at a price to the public of $17.00 per share. The net proceeds to Opiant from the offering were approximately $12.7 million, after deducting the underwriting discount and estimated offering expenses. Cantor Fitzgerald & Co. acted as sole book-running manager for the offering, with LifeSci Capital acting as the lead manager. The public offering was made pursuant to a shelf registration statement previously filed with and subsequently declared effective by the Securities and Exchange Commission. This offering was made solely by means of a prospectus s
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