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ARTICLE | Financial News

Omeros, Oxford Immunotec fall after pricing follow-ons

August 15, 2017 9:03 PM UTC

Shares of Omeros Corp. (NASDAQ:OMER) and Oxford Immunotec Global plc (NASDAQ:OXFD) both slipped on Tuesday after the companies priced follow-ons, raising over $108 million total.

Omeros raised $68.3 million through the sale of 3 million shares at $22.75 in a follow-on underwritten by Cantor Fitzgerald, H.C. Wainwright, JonesTrading Institutional Services and Maxim Group. The price is an 8% discount to the company's close of $24.61 on Monday, when it proposed the offering after market hours. Omeros lost $2.09 to $22.52 on Tuesday...