Nightstar Announces Closing of Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional American Depositary Shares
NIGHTSTAR THERAPEUTICS PLC AMERICAN DEPOSITARY SHA (NITE)
Last nightstar therapeutics plc american depositary sha earnings: 11/13 01:00 am
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US:NASDAQ Investor Relations:
ir.nightstartx.com/investor-relations
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Source: GlobeNewswire
LEXINGTON, Mass. and LONDON, Oct. 02, 2017 (GLOBE NEWSWIRE) -- Nightstar Therapeutics plc (“Nightstar” or the “Company”) (NASDAQ:NITE), a clinical-stage gene therapy company developing treatments for rare inherited retinal diseases, today announced the closing of its previously announced initial public offering in the United States of 6,164,000 American Depositary Shares (“ADSs”) representing 6,164,000 ordinary shares, at an initial public offering price of $14.00, which includes an additional 804,000 ADSs issued upon the exercise in full by the underwriters of their option to purchase additional ADSs. Aggregate net proceeds to the Company, after underwriting discounts and commissions and estimated offering expenses payable by the Company, will be approximately $76.9 million. All of the ADSs were offered by Nightstar. Jefferies LLC, Leerink Partners LLC and BMO Capital Markets Corp. acted as joint book-running managers for the offering. Wedbush Securities Inc. and Chardan acted as
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