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XERS - Xeris Pharmaceuticals prices $27M registered direct offering
Xeris Pharmaceuticals Inc.
Xeris Pharmaceuticals (XERS) priced its registered direct offering of 6.55M shares, par value $0.0001/share to funds managed by existing investors Deerfield Management, at $4.12/share for gross proceeds of $27M.Net proceeds to be used for general corporate purposes.Offer expected to close on Mar.15.Shares trading 0.23% higher premarket.