Zymeworks Announces Partial Exercise of Over-Allotment Option for its Initial Public Offering
Zymeworks Inc. (ZYME)
Last zymeworks inc. earnings: 3/2 04:15 pm
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ir.zymeworks.com/overview
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Source: Business Wire
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Zymeworks Inc. (“Zymeworks”) (NYSE:ZYME; TSX:ZYME) today announced that the underwriters of its initial public offering have given notice of their intention to exercise their over-allotment option by purchasing an additional 394,467 common shares at a price of US$13.00 per share, for additional gross proceeds to Zymeworks of US$5,128,071. Closing of the partial exercise of the over-allotment option is expected to occur on Wednesday, May 31, 2017. Citigroup Global Markets Canada Inc., Barclays Capital Inc. and Wells Fargo Securities, LLC are acting as joint book-running managers for the offering. Canaccord Genuity Corp. is acting as lead manager. Cormark Securities Inc. is acting as co-manager. MTS Securities, LLC served as financial advisor to Zymeworks in the offering. A registration statement relating to the common shares has been filed with and wa
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