Shares in California, USA-based SeraCare Life Sciences closed up 3.4% at $13.84 on June 1, following the company's announcement of the closing of its public offering of 4,025,000 shares of common stock at $12.25 a share.
3,477,600 shares were divested by the company in addition to 547,400 by certain selling shareholders. These share amounts include stock issued as a result of the underwriters' exercise of their over-allotment option in full at the closing, the group said.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze