Evoke Pharma, Inc. Announces Pricing of Initial Public Offering of 2,100,000 Shares of Common Stock
Published: Sep 25, 2013
SAN DIEGO, Sept. 24, 2013 (GLOBE NEWSWIRE) -- Evoke Pharma, Inc., a specialty pharmaceutical company focused on treatments for gastrointestinal (GI) diseases, today announced the pricing of its initial public offering of 2,100,000 shares of its common stock at a public offering price of $12.00 per share. The gross proceeds to Evoke Pharma from the initial public offering are expected to be $25,200,000, before underwriting discounts and commissions and estimated offering expenses. Evoke has granted the representative of the underwriters a 30 day option to purchase up to 315,000 additional shares of common stock from the Company to cover over-allotments, if any. Shares of Evoke's common stock have been approved for listing on the NASDAQ Capital Market under the symbol "EVOK" and are expected to begin trading on September 25, 2013.
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