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Sucampo prices equity offering

  • Sucampo Pharmaceuticals (NASDAQ:SCMP) prices its public offering of 4M shares of class A common stock at $14 per share. Underwriters over-allotment is an additional 600K shares. Closing date is March 31. All shares are being offered by existing shareholders so the company will receive no proceeds. Yesterday's close was $16.84.

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SCMP--
Sucampo Pharmaceuticals, Inc.