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Amarin raises additional funds through over allotment to top $100M

This article was originally published in Scrip

Executive Summary

Amarin Corporation has added an extra $13.7 million to the $87.1 million it raised on its 6 January public offering of American Depositary Shares (ADSs) after its underwriters exercised in full their options to purchase up to an aggregate of 1.8 million additional ADSs to cover over-allotments. The exercise of the over-allotment option increases the size of the offering to an aggregate of 13.8 million ADSs at a public offering price of $7.60 per ADS.

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