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-0.015746063484129 -0.0252436890777307 -0.0252436890777307 -0.0227443139215197 -0.081479630092477 -0.100224943764059 -0.078980254936266 -0.073981504623844
Stock impact report

BioXcel Therapeutics Announces Proposed Public Offering of Common Stock

BioXcel Therapeutics, Inc. (BTAI) 
Last bioxcel therapeutics, inc. earnings: 11/14 07:00 am Check Earnings Report
Company Research Source: GlobeNewswire
NEW HAVEN, Conn., Feb. 19, 2020 (GLOBE NEWSWIRE) -- BioXcel Therapeutics, Inc. (“BTI” or the “Company”) (Nasdaq: BTAI), a clinical-stage biopharmaceutical development company, today announced that it has commenced an underwritten public offering of 2,000,000 shares of its common stock. In connection with the offering, BTI intends to grant the underwriters a 30-day option to purchase up to an additional 300,000 shares of common stock from BTI.  To the extent the underwriters exercise their option to purchase additional shares of common stock, the Company intends to use the net proceeds from the sale of additional shares to repurchase shares of common stock (which shares will then be canceled) from BioXcel Corporation at a price equal to the price paid by the underwriters for such shares in the public offering.  BofA Securities, Canaccord Genuity LLC and SunTrust Robinson Humphrey are acting as book-running managers for the offering.  H.C. Wainwright & Co. is acting as co-manager f Show less Read more
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