The Traderszone Network

Published in TZ Latest News 6 October, 2021 by The TZ Newswire Staff

Osmotica Pharmaceuticals Announces Pricing of $35 Million Underwritten Public Offering

BRIDGEWATER, N.J., Oct. 07, 2021 (GLOBE NEWSWIRE) — Osmotica Pharmaceuticals plc (Nasdaq: OSMT) (“Osmotica” or the “Company”), a specialty pharmaceutical company, today announced the pricing of its previously announced underwritten public offering of 14,000,000 ordinary shares of the Company and warrants to purchase up to 14,000,000 ordinary shares at a public offering price of $2.50 per share and accompanying warrant. The warrants have an exercise price of $3.10 per share, are immediately exercisable and will expire three and one-half years from the date of issuance.

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