{"id":400580,"date":"2020-12-15T21:50:19","date_gmt":"2020-12-16T02:50:19","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=400580"},"modified":"2020-12-15T21:50:19","modified_gmt":"2020-12-16T02:50:19","slug":"ocular-therapeutixtm-announces-pricing-of-public-offering-of-common-stock","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ocular-therapeutixtm-announces-pricing-of-public-offering-of-common-stock\/","title":{"rendered":"Ocular TherapeutixTM Announces Pricing of Public Offering of Common Stock"},"content":{"rendered":"

<\/p>\n

Ocular TherapeutixTM<\/sup> Announces Pricing of Public Offering of Common Stock<\/b><\/p>\n

BEDFORD, Mass.–(BUSINESS WIRE<\/a>)–
\nOcular Therapeutix\u2122, Inc. (Nasdaq: OCUL), a biopharmaceutical company focused on the formulation, development, and commercialization of innovative therapies for diseases and conditions of the eye, today announced the pricing of an underwritten public offering of 3,725,000 shares of its common stock at a public offering price of $21.50 per share for gross proceeds of approximately $80.1 million, before deducting underwriting discounts and commissions and other offering expenses payable by the Company. In addition, the Company has granted the underwriters of the offering a 30-day option to purchase up to an additional 558,750 shares in the public offering on the same terms and conditions. All of the shares in the offering are to be sold by the Company. The offering is expected to close on or about December 18, 2020, subject to the satisfaction of customary closing conditions.\n<\/p>\n

\nJefferies LLC and Piper Sandler & Co. are acting as joint book-running managers for the offering. Raymond James & Associates, Inc. and JMP Securities LLC are acting as co-managers for the offering.\n<\/p>\n

\nThe offering is being made pursuant to a shelf registration statement on Form S-3 that became effective upon filing with the Securities and Exchange Commission (SEC). The offering is made only by means of a prospectus supplement and the accompanying prospectus that form a part of the registration statement. Before investing in the offering, interested parties should read the prospectus supplement and the accompanying prospectus for the offering and the other documents the Company has filed with the SEC, which are incorporated by reference in the prospectus supplement and the accompanying prospectus for the offering and which provide more complete information about the Company and the offering. Electronic copies of the preliminary prospectus supplement and the accompanying prospectus for the offering are available on the website of the SEC at www.sec.gov<\/a>, and the final prospectus supplement relating to the offering will be filed with the SEC. Copies of the preliminary prospectus supplement, the final prospectus supplement, when available, and the accompanying prospectus relating to this offering may also be obtained by contacting Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, NY 10022, by telephone: (877) 821-7388, or by email: Prospectus_Department@Jefferies.com<\/a> or Piper Sandler & Co., Attention: Prospectus Department, 800 Nicollet Mall, J12S03, Minneapolis, MN 55402, by telephone: (800) 747-3924, or by email: prospectus@psc.com<\/a>.\n<\/p>\n

\nThis press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful, prior to registration or qualification under the securities laws of any such state or jurisdiction.\n<\/p>\n

About Ocular Therapeutix, Inc.<\/b><\/p>\n

\nOcular Therapeutix, Inc. is a biopharmaceutical company focused on the formulation, development, and commercialization of innovative therapies for diseases and conditions of the eye using its proprietary bioresorbable hydrogel-based formulation technology. Ocular Therapeutix\u2019s first commercial drug product, DEXTENZA\u00ae, is FDA-approved for the treatment of ocular inflammation and pain following ophthalmic surgery. Ocular Therapeutix is evaluating product candidates for the treatment of other ocular conditions including various retinal diseases, glaucoma, dry eye disease, and allergic conjunctivitis.\n<\/p>\n

Forward Looking Statements <\/b><\/p>\n

\nAny statements in this press release about future expectations, plans, and prospects for the Company, including the Company\u2019s expectations and plans regarding the underwritten public offering and the Company\u2019s anticipated use of proceeds of the offering, and other statements containing the words \u201canticipate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cintend\u201d, \u201cgoal,\u201d \u201cmay\u201d, \u201cmight,\u201d \u201cplan,\u201d \u201cpredict,\u201d \u201cproject,\u201d \u201ctarget,\u201d \u201cpotential,\u201d \u201cwill,\u201d \u201cwould,\u201d \u201ccould,\u201d \u201cshould,\u201d \u201ccontinue,\u201d and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors. Such forward-looking statements involve substantial risks and uncertainties that could cause the Company\u2019s clinical development programs, future results, performance or achievements to differ significantly from those expressed or implied by the forward-looking statements. Such risks and uncertainties include, among others, the severity and duration of the COVID-19 pandemic including its effect on the Company\u2019s and relevant regulatory authorities\u2019 operations and the financial markets, the satisfaction of customary closing conditions related to the proposed underwritten public offering, the need for additional financing or other actions and other factors discussed in the \u201cRisk Factors\u201d section contained in the preliminary prospectus supplement related to the proposed underwritten public offering and the Company\u2019s quarterly and annual reports on file with the Securities and Exchange Commission. In addition, the forward-looking statements included in this press release represent the Company\u2019s views as of the date of this press release. The Company anticipates that subsequent events and developments will cause the Company\u2019s views to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so except as required by law. These forward-looking statements should not be relied upon as representing the Company\u2019s views as of any date subsequent to the date of this press release.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201215006198\/en\/<\/a><\/span><\/p>\n

Investors
\n<\/strong>
Ocular Therapeutix
\n<\/span><\/strong>
Donald Notman
\n<\/span><\/strong>
Chief Financial Officer
\n<\/span><\/strong>
dnotman@ocutx.com<\/a><\/strong><\/p>\n

or
\n<\/span><\/strong><\/p>\n

Westwicke<\/span><\/strong>, an ICR Company<\/strong>
Chris Brinzey
\n<\/span><\/strong>
Managing Director
\n<\/span><\/strong>
chris.brinzey@westwicke.com<\/a><\/strong><\/p>\n

Media
\n<\/strong>
Ocular Therapeutix
\n<\/span><\/strong>
Scott Corning
\n<\/span><\/strong>
Senior Vice President, Commercial
\n<\/span><\/strong>
scorning@ocutx.com<\/a><\/strong><\/p>\n

KEYWORDS:<\/b> United States North America Massachusetts<\/p>\n

INDUSTRY KEYWORDS:<\/b> Research FDA Clinical Trials Biotechnology Other Health Health Optical Other Science Science<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Ocular TherapeutixTM Announces Pricing of Public Offering of Common Stock BEDFORD, Mass.–(BUSINESS WIRE)– Ocular Therapeutix\u2122, Inc. (Nasdaq: OCUL), a biopharmaceutical company focused on the formulation, development, and commercialization of innovative therapies for diseases and conditions of the eye, today announced the pricing of an underwritten public offering of 3,725,000 shares of its common stock at a public offering price of $21.50 per share for gross proceeds of approximately $80.1 million, before deducting underwriting discounts and commissions and other offering expenses payable by the Company. In addition, the Company has granted the underwriters of the offering a 30-day option to purchase up to an additional 558,750 shares in the public offering on the same terms and conditions. All of the shares … <\/p>\n

Continue reading “Ocular TherapeutixTM Announces Pricing of Public Offering of Common Stock”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-400580","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nOcular TherapeutixTM Announces Pricing of Public Offering of Common Stock - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ocular-therapeutixtm-announces-pricing-of-public-offering-of-common-stock\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ocular TherapeutixTM Announces Pricing of Public Offering of Common Stock - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Ocular TherapeutixTM Announces Pricing of Public Offering of Common Stock BEDFORD, Mass.–(BUSINESS WIRE)– Ocular Therapeutix\u2122, Inc. (Nasdaq: OCUL), a biopharmaceutical company focused on the formulation, development, and commercialization of innovative therapies for diseases and conditions of the eye, today announced the pricing of an underwritten public offering of 3,725,000 shares of its common stock at a public offering price of $21.50 per share for gross proceeds of approximately $80.1 million, before deducting underwriting discounts and commissions and other offering expenses payable by the Company. In addition, the Company has granted the underwriters of the offering a 30-day option to purchase up to an additional 558,750 shares in the public offering on the same terms and conditions. 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