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Zevra Therapeutics, Inc. (NASDAQ:ZVRA), a rare disease therapeutics company ("Zevra"), today announced the commencement of a proposed underwritten public offering of its common stock. All shares of common stock to be sold in the proposed offering will be sold by Zevra. Zevra also expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the number of shares of its common stock offered in the public offering at the public offering price, less underwriting discounts and commissions. The proposed offering is subject to market and other 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.
Cantor and William Blair are acting as joint book-running managers for the offering.
Posted In: ZVRA