Company sells its shares at $9.00 apiece; Leerink Swann is the agent
By Devika Patel
Knoxville, Tenn., March 14 - OvaScience, Inc. arranged a $35 million private placement of stock on March 12, according to an 8-K filed Thursday with the Securities and Exchange Commission.
Leerink Swann LLC is the agent. Ladenburg Thalmann & Co. Inc., Oppenheimer & Co. Inc., Roth Capital Partners, LLC and Wedbush Securities Inc. are co-agents.
The company will sell 3,888,880 common shares at $9.00 per share.
Settlement is expected March 18.
Based in Cambridge, Mass., OvaScience is a private fertility company focused on new treatments for infertility.
Issuer: | OvaScience, Inc.
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Issue: | Common stock
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Amount: | $35 million
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Shares: | 3,888,880
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Price: | $9.00
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Warrants: | No
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Agent: | Leerink Swann LLC
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Co-agents: | Ladenburg Thalmann & Co. Inc., Oppenheimer & Co. Inc., Roth Capital Partners, LLC and Wedbush Securities Inc.
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Pricing date: | March 12
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Settlement date: | March 18
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