CERC - Cerecor announces proceeds from option to purchase additional shares resulting in total gross proceeds of~$40.7M

Cerecor ([[CERC]] -1.0%) announces exercise by the underwriters of their option to purchase an additional 1,648,812 shares at a price to the public of $2.60/share.This increases the total offered through the previously announced underwritten public offering to 13,971,819 of common stock and 1,676,923 of prefunded warrants.The gross proceeds to Cerecor from this exercise were ~$4.3M, resulting in ~$40.7M total gross proceeds from the offering.

For further details see:

Cerecor announces proceeds from option to purchase additional shares, resulting in total gross proceeds of~$40.7M