Zosano Announces Pricing of Registered Direct Offering
Zosano Pharma Corporation (ZSAN)
Last zosano pharma corporation earnings: 11/9 04:05 pm
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US:NASDAQ Investor Relations:
ir.zosanopharma.com
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Source: GlobeNewswire
FREMONT, Calif., Nov. 27, 2019 (GLOBE NEWSWIRE) -- Zosano Pharma Corporation (Nasdaq:ZSAN), a clinical-stage biopharmaceutical company, today announced that it has entered into a securities purchase agreement with several institutional investors providing for the issuance and sale of an aggregate of 2,181,034 shares of its common stock at a price of $1.45 per share in a registered direct offering. Zosano intends to use the net proceeds from the offering to fund pre-approval commercialization activities, including submitting its NDA for Qtrypta™ (M207) for the treatment of migraine, and for general working capital and corporate purposes. The securities described above are being offered pursuant to a shelf registration statement (File No. 333-229686), which was declared effective by the U.S. Securities and Exchange Commission (SEC) on March 27, 2019. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these se
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