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Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Thu., May. 5, 3:53 PM

Slide #8. Aytu BioScience, Inc. Secondary Offering

Company: Aytu BioScience, Inc. (AYTU)
Date announced: 5/2/2016
Shares Offered: 18,750,000
Date of Pricing: 5/2/2016
Price Per Share: $0.40
Secondary Offering Details: Aytu BioScience, Inc. ("Aytu") (OTCQX: AYTU), a specialty pharmaceutical company focused on commercializing novel products in the field of urology, today announced that it has priced an underwritten public offering of 18,750,000 shares of its common stock and warrants to purchase up to an aggregate of 18,750,000 shares of its common stock at a combined public offering price of $0.40 per share and related warrant. The gross proceeds from the offering to Aytu are expected to be approximately $7.5 million, before deducting the underwriting discount and estimated offering expenses payable by Aytu, but excluding the exercise of any warrants. The company also has granted the representative of the underwriters a 45-day option to purchase up to an additional 2,812,500 shares and/or 2,812,500 additional warrants.

  Aytu BioScience, Inc. : trading symbol AYTU
 

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May 5, 2016    3:53 PM Eastern
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