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Dendreon Corporation
Dendreon Announces Closing of Common Stock Offering
May 30th, 2009
Dendreon Corporation (NASDAQ: DNDN) announced the closing of its previously reported underwritten public offering of 10,700,000 shares of its common stock, which shares were offered for sale to the public at $19.20 per share. On May 8, 2009, Deutsche Bank Securities Inc., acting as sole manager of the offering, exercised in full its over-allotment option to purchase an additional 1,279,166 shares of common stock at the public offering price of $19.20 per share. The exercise of the option increased the size of the offering to an aggregate of 11,979,166 shares of common stock. Dendreon received net proceeds from the offering of approximately $221 million, after deducting...
Source: Law & Health Weekly (2009-05-30)
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