Santarus Inc. (SNTS) Announces Exercise in Full of Option to Purchase Additional Shares and Completion of Secondary Common Stock Offering
5/16/2013 11:46:16 AM
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SAN DIEGO--(BUSINESS WIRE)--Santarus, Inc. (NASDAQ: SNTS) today announced the completion of a secondary underwritten public offering of 4,887,500 shares of its common stock, including 637,500 shares sold pursuant to the full exercise of an option to purchase additional shares previously granted to the underwriter. All shares were offered by Cosmo Technologies Limited at a price to the public of $18.25 per share. Santarus did not sell any shares and will not receive any proceeds from the offering.
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