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home / news releases / MBRX - Underwriters exercise over-allotment option in Moleculin offering


MBRX - Underwriters exercise over-allotment option in Moleculin offering

Moleculin Biotech (MBRX) announces that the underwriters of its recent public offering have exercised their option to purchase an additional 2.14M shares at the public offering price of $4.75 per share.Moleculin has now sold a total of 16.4M shares in the offering for gross proceeds of about $78M.Oppenheimer & Co. acted as the sole book-running manager for the offering, while Roth Capital Partners acted as the co-manager. Maxim Group LLC acted as financial advisor to the company.

For further details see:

Underwriters exercise over-allotment option in Moleculin offering
Stock Information

Company Name: Moleculin Biotech Inc.
Stock Symbol: MBRX
Market: NASDAQ
Website: moleculin.com

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