Congrats to our client - Guardion Health Sciences Announces Pricing of $8.4 Million Underwritten Pub
- Nov 4, 2019
- 1 min read
San Diego, CA, Oct. 28, 2019 (GLOBE NEWSWIRE) -- Guardion Health Sciences, Inc. (“Guardion” or the “Company”) (GHSI), announced the pricing of an underwritten public offering of 24,500,000 shares of its common stock (or pre-funded warrants to purchase common stock in lieu thereof) and Series B warrants to purchase up to 24,500,000 shares of the Company’s common stock. Each share of common stock (or pre-funded warrants to purchase common stock in lieu thereof) is being sold together with one Series B warrant to purchase one share of common stock at a combined price to the public of $0.342 per share and Series B warrant. The shares of common stock or pre-funded warrants and the accompanying Series B warrants are being sold together in this offering, but will be issued separately and will be immediately separable upon issuance. Gross proceeds, before underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $8.4 million.
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Congratulations to Guardion Health Sciences on this incredible milestone! Advancements in health and wellness are essential for improving lives, and it's great to see continued growth in the industry. Just as innovative healthcare solutions make a difference, access to the right support is crucial for those facing challenges like alcohol addiction treatment—helping individuals regain control and build a healthier future.