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Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Mon., Jul. 27, 9:25 PM

Slide #3. Egalet Corporation Secondary Offering

Company: Egalet Corporation (NASDAQ:EGLT)
Date announced: 7/27/2015
Secondary Offering Details: Egalet Corporation (Nasdaq: EGLT) ("Egalet"), a fully integrated specialty pharmaceutical company focused on developing, manufacturing and marketing innovative pain treatments, announced today that it intends to offer and sell shares of its common stock in an underwritten public offering. Stifel and Guggenheim Securities are acting as joint bookrunning managers for the offering. In connection with this offering, Egalet expects to grant the underwriters a 30-day option to purchase additional shares of common stock, equal to up to 15% of the number of shares of common stock sold in the 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. All of the shares in the offering are to be sold by Egalet.

Egalet is a pharmaceutical company developing abuse-deterrent oral products for the treatment of pain and in other indications. Co.'s principal product candidate, Egalet-001, is an abuse-deterrent, extended-release, oral morphine formulation in development for the treatment of moderate to severe pain. Co.'s second product candidate, Egalet-002, is an abuse-deterrent, extended-release, oral oxycodone formulation in development for the treatment of moderate to severe pain. In addition to Co.'s two clinical-stage product candidates, Co. is also developing a portfolio of preclinical, abuse-deterrent product candidates for the treatment of pain and in other indications.
Open the EGLT Page at The Online Investor »

Company Name:  Egalet Corp
Website:  www.egalet.com
Sector:  Drugs & Pharmaceuticals
Number of ETFs Holding EGLT:  1
Total Market Value Held by ETFs:  $186985
Total Market Capitalization:  $211.00M
% of Market Cap. Held by ETFs:  0.09%
 

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

July 27, 2015    9:25 PM Eastern
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