Scrip is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Oncogenex surprises market with $47M secondary offering

This article was originally published in Scrip

Executive Summary

OncoGenex Pharmaceuticals saw its stock price drop more than 20 percent on 16 March when it announced it would sell 4.2 million shares in a common stock offering priced at $12 per share. The stock drop may represent surprise at the news of the offering, since the company had told stockholders at the release of its latest quarterly results on 8 March 2012 that it had enough money to support its operations into 2014.

Advertisement
Advertisement

Topics

Related Companies

Advertisement
UsernamePublicRestriction

Register

SC016665

Ask The Analyst

Please Note: Click here for more information on the Ask the Analyst service.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel