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Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Sat., Sep. 19, 7:26 AM

Slide #9. Humanigen, Inc. Secondary Offering

Company: Humanigen, Inc. (HGEND)
Date announced: 9/15/2020
Shares Offered: 8,000,000
Date of Pricing: 9/17/2020
Price Per Share: $8.50
Secondary Offering Details: Humanigen, Inc. (OTCQB:HGEND) ("Humanigen"), a clinical stage biopharmaceutical company focused on preventing and treating an immune hyper-response called cytokine storm' with its lead drug candidate lenzilumab, today announced that it has commenced an underwritten public offering of 8,000,000 shares of common stock. J.P. Morgan and Jefferies are acting as joint book-running managers for the offering. Humanigen expects to grant the underwriters a 30-day option to purchase up to an additional 1,200,000 shares. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the offering. -updated 9/17- Humanigen, Inc. ("Humanigen") (OTCQB:HGEND)(NASDAQ:HGEN), a clinical stage biopharmaceutical company focused on preventing and treating an immune hyper-response called cytokine storm' with its lead drug candidate lenzilumab, announced today that it has priced its underwritten public offering of 8,000,000 shares of common stock at a public offering price of $8.50 per share, resulting in gross proceeds to Humanigen of approximately $68 million, before deducting underwriting discounts and commissions and offering expenses. The offering is expected to close on or about September 22, 2020. Humanigen also granted the underwriters a 30-day option to purchase up to an additional 1,200,000 shares at the public offering price, less underwriting discounts and commissions.

  Humanigen, Inc. : trading symbol HGEND
 

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