Tesaro, Inc. Announces Exercise of Underwriters' Over-Allotment Option
Published: Jul 25, 2012
WALTHAM, Mass., July 24, 2012 (GLOBE NEWSWIRE) -- TESARO, Inc. (Nasdaq:TSRO) announced today that the underwriters of its initial public offering have partially exercised their over-allotment option for the purchase of an additional 430,183 shares of TESARO common stock. All of such shares were sold by TESARO at the initial public offering price of $13.50 per share, less underwriting discounts and commissions. The sale of the additional shares is expected to close on July 26, 2012, subject to customary closing conditions.