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Oramed to raise $18.1M in direct equity offering

Jul. 03, 2018 7:16 AM ETOramed Pharmaceuticals Inc. (ORMP) StockBy: Douglas W. House, SA News Editor1 Comment
  • Oramed Pharmaceuticals (NASDAQ:ORMP) inks agreements with institutional investors for the direct sale of 2.892M common shares and warrants to purchase up to 2.892M common shares at $7.25 at a combined price of $6.25. Closing date is July 6.
  • Yesterday's close was $7.11.
  • Update: Shares are down 10% premarket on light volume.

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