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EVOK - Evoke Pharma slips 7% after pricing equity offering
Evoke Pharma Inc.
Evoke Pharma (EVOK) has priced its public offering of 5M common shares at $2.50/share, for estimated gross proceeds of $12.5M.Underwriter's over-allotment is an additional 750K shares. Net proceeds will be used for working capital and general corporate purposes.Laidlaw & Company is acting as sole book-running manager.Closing date is January 19.Shares down 7% premarket.Previously (Jan. 13): Evoke Pharma under pressure on proposed public offering