ARTICLE | Financial News
Somaxon proposes follow-on
March 23, 2010 1:10 AM UTC
Somaxon Pharmaceuticals Inc. (NASDAQ:SOMX) proposed late Monday to sell up to 4 million shares in a follow-on underwritten by Jefferies and Oppenheimer. If sold at Somaxon's Monday close of $8.30, the company would raise $33.2 million. Somaxon was up $0.05 on the day. ...