Brief: Panbela Therapeutics Announces $5.0 Million Bought Deal Offering Of Common Stock
29/06/2021 22:53
June 29 (Reuters) - Panbela Therapeutics Inc PBLA.O :
* PANBELA THERAPEUTICS ANNOUNCES $5.0 MILLION BOUGHT DEAL
OFFERING
OF COMMON STOCK
* PANBELA - UNDERWRITER AGREED TO PURCHASE ON FIRM
COMMITMENT
BASIS 1.7 MILLION SHARES OF COMMON STOCK AT PRICE TO PUBLIC OF
$3.00 PER SHARE
* PANBELA - HAS GRANTED TO UNDERWRITER 30-DAY OPTION TO
PURCHASE
UP TO AN ADDITIONAL 250,000 SHARES OF COMMON STOCK AT PUBLIC
OFFERING PRICE
Source text for Eikon: ID:nGNX7r7W55
Further company coverage: PBLA.O
((Reuters.Briefs@thomsonreuters.com;))
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