ARTICLE | Financial News

Retrophin raises $40M in follow-on, lists on NASDAQ

January 11, 2014 2:37 AM UTC

Retrophin Inc. (NASDAQ:RTRX) began trading on NASDAQ on Friday after raising $40 million through the sale of 4.7 million shares at $8.50 in a follow-on. Jefferies; Roth Capital Partners; Ladenburg Thalmann; and Summer Street were underwriters. Last month, Retrophin filed to raise up to $40 million and announced plans to list on NASDAQ. The company, which previously traded on the OTCQB, was up $2.99 (35%) to $10.49 on Friday ...