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-0.0106007067137809 -0.0106007067137809 0.0106007067137809 0.0316395759717315 0.0621908127208481 0.0424028268551237 0.0494487632508834 0.054416961130742
Stock impact report

Spero Therapeutics Announces Underwriters’ Option Exercise

Spero Therapeutics, Inc. (SPRO) 
Last spero therapeutics, inc. earnings: 3/16 08:45 am Check Earnings Report
US:NASDAQ Investor Relations: investors.sperotherapeutics.com/overview
Company Research Source: GlobeNewswire
CAMBRIDGE, Mass., Nov. 13, 2017 (GLOBE NEWSWIRE) -- Spero Therapeutics, Inc. (Nasdaq:SPRO), a multi-asset, clinical-stage biopharmaceutical company focused on identifying, developing and commercializing novel treatments for multi-drug resistant bacterial infections, today announced that the underwriters of its previously announced initial public offering have exercised their option to purchase an additional 471,498 shares during the option period.  Including the option exercise, total gross proceeds from the offering of an aggregate of 5,971,498 shares were approximately $83.6 million, before deducting the underwriting discount and estimated offering expenses payable by Spero.  This represents approximately $6.6 million more gross proceeds than the gross proceeds on the initial closing.  Spero’s common stock began trading on The Nasdaq Global Select Market on November 2, 2017 under the symbol “SPRO”. BofA Merrill Lynch, Cowen and Stifel acted as joint book-running managers for the Show less Read more
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