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Stock impact report

Zosano Announces Full Exercise of Underwriter’s Option to Purchase Additional Shares

Zosano Pharma Corporation (ZSAN) 
Last zosano pharma corporation earnings: 11/9 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.zosanopharma.com
Company Research Source: GlobeNewswire
FREMONT, Calif., May 09, 2019 (GLOBE NEWSWIRE) -- Zosano Pharma Corporation (Nasdaq:ZSAN), a clinical-stage biopharmaceutical company, today announced that it has issued and sold an additional 750,000 shares of common stock, pursuant to the exercise in full of the underwriter’s option to purchase additional shares in connection with Zosano’s previously announced public offering of common stock. A total of 5,750,000 shares of common stock have now been sold by Zosano in the offering, resulting in net proceeds to Zosano of approximately $18.4 million, after deducting underwriting discounts and commissions and estimated offering expenses payable by Zosano. Cantor Fitzgerald & Co. acted as the sole book-running manager for the offering. BTIG, LLC and Maxim Group, LLC acted as financial advisors to Zosano in connection with the offering. As previously announced, Zosano intends to use the net proceeds from the offering to fund its ongoing development and preparation for potential comme Show less Read more
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