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Stock impact report

Seelos Therapeutics Announces Closing of Public Offering of Common Stock

Seelos Therapeutics, Inc. (SEEL) 
Last seelos therapeutics, inc. earnings: 5/21 05:12 pm Check Earnings Report
Company Research Source: GlobeNewswire
NEW YORK, Feb. 13, 2020 (GLOBE NEWSWIRE) -- Seelos Therapeutics, Inc. (Nasdaq: SEEL), a clinical-stage biopharmaceutical company focused on the development of therapies for central nervous system disorders and rare diseases, announced today the closing of its previously announced underwritten public offering of 6,666,667 shares of its common stock, at a price to the public of $0.75 per share. The net proceeds to Seelos from this offering are expected to be approximately $4.3 million, after deducting underwriting discounts and commissions and other estimated offering expenses payable by Seelos. Seelos intends to use the net proceeds from the offering for general corporate purposes and to advance the development of its product candidates. Raj Mehra, Ph.D., the President, Chief Executive Officer and Chairman of the Board of Directors of Seelos, purchased $100,000 of shares in the offering at the public offering price. Benchmark Company acted as sole book-running manager for the offer Show less Read more
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