Verona Pharma plc Announces Closing of Upsized Underwritten Public Offering, Including Full Exercise of Underwriters’ Option to Purchase Additional ADSs
The aggregate gross proceeds from the offering were approximately $150 million before deducting underwriting discounts and commissions and estimated offering expenses payable by Verona Pharma.
- The aggregate gross proceeds from the offering were approximately $150 million before deducting underwriting discounts and commissions and estimated offering expenses payable by Verona Pharma.
- All ADSs in the offering were offered by Verona Pharma.
- Jefferies, Piper Sandler & Co. and Truist Securities acted as the book-running managers for the offering.
- BTIG, H.C. Wainwright & Co. and Wedbush PacGrow acted as co-managers for the offering.