The deal size was increased to $210M from $150M and priced below last closing price of $22.40. Cantor Fitzgerald, Citi, Wedbush and H.C. Wainwright are acting as joint book running managers for the offering.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on LBPH:
- Longboard Pharmaceuticals announces $150M common stock offering
- Longboard price target raised to $46 from $25 at Evercore ISI
- Longboard Pharmaceuticals price target raised to $32 from $16 at Guggenheim
- Longboard rallies 188% to $17.37 after data, Cantor boosts target to $55
- Longboard price target raised to $55 from $35 at Cantor Fitzgerald
