Liquidia Technologies (LQDA) Prices 9.375M Share Common Offering at $8/Sh

Liquidia Technologies, Inc. (NASDAQ: LQDA) announced the pricing of an underwritten public offering of 9,375,000 shares of its common stock at a public offering price of $8.00, for total gross proceeds of $75 million, before deducting underwriting discounts and commissions and expenses payable by Liquidia. All of the shares in the offering will be sold by Liquidia. In addition, Liquidia has granted the underwriters a 30-day option to purchase up to an additional 1,406,250 shares of common stock at the public offering price, less the underwriting discount and commissions. The offering is expected to close on July 2, 2020, subject to customary closing conditions.

Jefferies is acting as the sole book-running manager for the offering. Needham & Company and Wedbush PacGrow are acting as co-managers.

You May Also Be Interested In

• Lime seeks up to $1.66 billion valuation in US IPO
• Jefferies Starts UzNIF (UZNF:LI) at Buy
• Jefferies Starts Trastor Real Estate Investment Co (TRASTOR:GA) at Buy