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electroCore announces closing of initial public offering

Published 06/26/2018, 01:02 PM
© Reuters.  electroCore announces closing of initial public offering
ECOR
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  • electroCore (ECOR -1.6%) announced the closing of its initial public offering of 5.2M shares of common stock at a public offering price of $15.00 per share.
  • The net proceeds from this offering are ~$72.54M.
  • Underwriters over-allotments is an additional 780K shares.
  • The company’s common stock began trading on the Nasdaq Global Market on June 22, under the symbol ECOR.
  • Evercore ISI, Cantor Fitzgerald & Co. and JMP Securities acted as joint book-running managers for the offering. BTIG, LLC acted as lead manager.
  • Press Release
  • Now read: ElectroCore Readies Million U.S. IPO Plans


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