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Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Thu., May. 26, 10:25 AM

Slide #2. Aldeyra Therapeutics, Inc. Secondary Offering

Company: Aldeyra Therapeutics, Inc. (NASDAQ:ALDX)
Date announced: 5/25/2016
Secondary Offering Details: Aldeyra Therapeutics, Inc. (NASDAQ: ALDX) (Aldeyra), a biotechnology company focused on the development of products to treat diseases related to aldehydes, today announced that it intends to offer and sell shares of its common stock in an underwritten public offering. The offering is subject to market 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. Aldeyra also expects to grant the underwriter a 30-day option to purchase additional shares of common stock offered in the public offering to cover over-allotments, if any. All of the shares in the offering are to be sold by Aldeyra, with net proceeds to be used for the continued development of NS2 and other product candidates, including further clinical testing of NS2, as well as for research and development activities, working capital and other general corporate purposes.

Aldeyra Therapeutics is a biotechnology company focused primarily on the development of new products for immune-mediated, inflammatory, orphan and other diseases that are thought to be caused in part by naturally occurring toxic chemical species known as free aldehydes. Co. is developing NS2, for the treatment of Sjogren-Larsson Syndrome and inflammatory diseases. NS2 is a small molecule designed specifically to trap and allow for the degradation of free aldehydes.
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Company Name:  Aldeyra Therapeutics Inc
Website:  www.aldeyra.com
Sector:  Drugs & Pharmaceuticals
Number of ETFs Holding ALDX:  2
Total Market Value Held by ETFs:  $46350
Total Market Capitalization:  $50.00M
% of Market Cap. Held by ETFs:  0.09%
 

Open the ALDX Page at The Online Investor (in a new window) »

May 26, 2016    10:25 AM Eastern
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