XenoPort, Inc. Announces Proposed Public Offering of Common Stock

SANTA CLARA, Calif.--(BUSINESS WIRE)--XenoPort, Inc. (Nasdaq:XNPT) announced today that it is offering to sell, subject to market and other conditions, 2,500,000 shares of its common stock pursuant to an effective shelf registration statement in an underwritten public offering. XenoPort also intends to grant the underwriters a 30-day option to purchase up to an aggregate of 375,000 additional shares of common stock to cover over-allotments, if any. All of the shares in the offering are to be sold by XenoPort. Morgan Stanley & Co. Incorporated and Goldman, Sachs & Co. are acting as joint book-runners for the offering.

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