Eyenovia (NASDAQ: EYEN) recently announced the close of its initial public offering (“IPO”) 2,730,000 shares of common stock at a price of $10.00 per share. Before deducting underwriting discounts and commissions and other estimated offering expenses, the company received $27.3 million in gross proceeds from the offering. Additionally, Eyenovia has granted the underwriters a 30-day option to purchase up to 409,500 additional shares to cover any over-allotments. Roth Capital Partners and Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS) served as joint book-running managers for the offering.
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About Eyenovia Inc.
Eyenovia is a specialty biopharmaceutical company building a portfolio of next generation topical eye treatments based on its proprietary delivery and formulation platform for micro-therapeutics. Eyenovia’s pipeline is currently focused on the late-stage development of micro-therapeutics for glaucoma and other eye diseases. For more information, visit the company’s website at www.EyenoviaLab.com.
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