The company in December of 2017 announced the closing of its previously announced underwritten public offering of 5.9 million shares of its common stock, including 769,565 shares sold pursuant to the underwriters» full exercise of their option to purchase additional shares to cover over-allotments, at a public offering price of $ 2.50 per share, before deducting underwriting discounts and commissions and estimated offering expenses payable by Viking. (hacked.com)
At the time of an IPO and subsequent underwritten public offerings, underwriters will have the ability to dictate whether investors are allowed to sell, which makes the registration rights negotiated at the time of the venture financing a mere starting point for discussions with the company and the underwriters. (startupcompanylawyer.com)
Karyopharm Therapeutics Inc., a clinical - stage pharmaceutical company, has announced the closing of its previously announced registered underwritten public offering and the exercise in full of the underwriters» option to purchase additional shares. (wilmerhale.com)