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Biodel Inc. (BIOD) Prices Public Offering of Common Stock



6/19/2013 9:26:24 AM

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DANBURY, Conn., June 19, 2013 (GLOBE NEWSWIRE) -- Biodel Inc. (Nasdaq:BIOD) today announced the pricing of an underwritten public offering of 4,482,760 shares of its common stock at a public offering price of $4.35 per share. All of the shares are being sold by Biodel. The offering is expected to close on June 24, 2013, subject to customary closing conditions. Biodel has also granted the underwriters a 30-day option to purchase up to an additional 672,414 shares to cover overallotments, if any.

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