Hyperion (HPTX) Prices 2.88M Common Follow-On Offering - InvestingChannel

Hyperion (HPTX) Prices 2.88M Common Follow-On Offering

ArticleRelated Press Releases (1) Stock Quotes (1) Comments (0)

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

Top NewsMost Read Highlighted

Get AlertsHPTX Hot Sheet

BUY ( Up)

Hyperion Therapeutics, Inc (Nasdaq: HPTX) announced the pricing of its follow-on offering of 2,875,000 shares of its common stock at $20.75 per share, before underwriting discounts and commissions. All of the common stock is being offered by Hyperion. In addition, the underwriters have a 30-day option to purchase up to an additional 431,250 shares of common stock from Hyperion to cover over-allotments, if any. The offering is expected to close on March 13, 2013, subject to customary closing conditions.

Leerink Swann LLC and Cowen and Company, LLC are serving as joint book-running managers for the proposed offering. Needham & Company, LLC and JMP Securities LLC are acting as co-managers for the proposed offering.

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items – JOIN NOW