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Labopharm announces underwriters' exercise of over-allotment option for recent public offering
Date:2/19/2010
LAVAL, QC, and PRINCETON, NJ, Feb. 19 /PRNewswire-FirstCall/ - Labopharm
Inc. (TSX: DDS; NASDAQ: DDSS) today announced that the underwriters for the
recently announced public offering of newly issued units have exercised in
full their over-allotment option to purchase an additional 1,764,706 units.
The 1,764,706 additional units are being sold at the public offering price of
US$1.70 per unit and will bring the total number of units issued under the
public offering to 13,529,412 units. The full exercise of the over-allotment
brings net proceeds from the offering to approximately US$20.9 million, after
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| SOURCE Labopharm Inc. Copyright©2010 PR Newswire. All rights reserved |
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