XenoPort, Inc. (XNPT) Announces Pricing Of Public Offering Of Common Stock
1/24/2014 9:11:40 AM
SANTA CLARA, Calif.--(BUSINESS WIRE)--XenoPort, Inc. (NASDAQ: XNPT) announced today the pricing of an underwritten registered public offering of 12,000,000 shares of its common stock at a price to the public of $6.00 per share. The size of the offering was increased from the 10,000,000 shares previously announced. XenoPort has also granted to the underwriters a 30-day option to purchase up to an additional 1,800,000 shares of its common stock. All of the shares in the offering are being offered by XenoPort. The offering is expected to close on or about January 29, 2014, subject to customary closing conditions.
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