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0.00487640449438203 0.00487640449438203 0.00487640449438203 0.00487640449438203 -0.00449438202247181 0 -0.00337078651685386 -0.00224719101123591
Stock impact report

Fennec Announces Closing of Public Offering

Fennec Pharmaceuticals Inc. (FENC) 
Last fennec pharmaceuticals inc. earnings: 11/12 06:00 am Check Earnings Report
Company Research Source: GlobeNewswire
RESEARCH TRIANGLE PARK, N.C., Dec. 12, 2017 (GLOBE NEWSWIRE) -- Fennec Pharmaceuticals Inc. (NASDAQ:FENC) (TSX:FRX), a biotechnology company focused on the development of PEDMARK™ (a unique formulation of sodium thiosulfate (STS)) for the prevention of platinum-induced ototoxicity from cisplatin in pediatric cancer patients, today announced the closing of its previously announced underwritten public offering of 2,352,950 common shares at a public offering price of $8.50 per share. In addition, Fennec issued an additional 135,670 common shares in connection with the partial exercise of the underwriters’ over-allotment option. The total gross proceeds from the offering (before deducting the underwriting discounts and offering expenses) was $21,153,270. Wedbush PacGrow acted as the sole book-running manager for the offering. H.C. Wainwright & Co. acted as the co-manager. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, Show less Read more
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