MDB Capital Group and Aegis Capital will assist with public offering
By Devika Patel
Knoxville, Tenn., Feb. 8 - Imprimis Pharmaceuticals, Inc. priced a $9.66 million public sale of stock with a $1.45 million greenshoe, according to an 8-K filed Friday with the Securities and Exchange Commission.
The company will sell 1.84 million common shares at $5.25 apiece. The price per share is a 34.38% discount to the Feb. 7 closing share price of $8.00.
Settlement is expected Feb. 13.
MDB Capital Group, LLC is the bookrunning manager.
The specialty pharmaceutical company is based in La Jolla, Calif.
Issuer: | Imprimis Pharmaceuticals, Inc.
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Issue: | Common stock
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Amount: | $9.66 million
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Greenshoe: | $1,449,000
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Shares: | 1.84 million
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Price: | $5.25
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Warrants: | No
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Bookrunner: | MDB Capital Group, LLC
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Co-manager: | Aegis Capital Corp.
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Pricing date: | Feb. 8
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Settlement date: | Feb. 13
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Stock symbol: | OTCBB: IMMY
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Stock price: | $8.00 at close Feb. 7
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Market capitalization: | $33.52 million
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