{"id":450707,"date":"2021-03-04T08:33:10","date_gmt":"2021-03-04T13:33:10","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=450707"},"modified":"2021-03-04T08:33:10","modified_gmt":"2021-03-04T13:33:10","slug":"salarius-announces-pricing-of-20-million-underwritten-public-offering-of-common-stock","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/salarius-announces-pricing-of-20-million-underwritten-public-offering-of-common-stock\/","title":{"rendered":"Salarius Announces Pricing of $20 Million Underwritten Public Offering of Common Stock"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">HOUSTON, March  04, 2021  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=FRsIKad5YgRxxIy_rFJdjgOciE1vozES6iBjcfxrmduQl1TRJHTTO1hxK2cwPJ3Pw4bkfaPF74bIlMs8kHA-lTMYNA3qWM0P6SJaxxS7Atg=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Salarius Pharmaceuticals, Inc.<\/a> (Nasdaq: SLRX), a clinical-stage biopharmaceutical company developing potential new medicines for patients with pediatric cancers, solid tumors, and other cancers, today announced the pricing of an underwritten public offering of 14,614,541 shares of its common stock at a price to the public of $1.3685 per share. The gross proceeds to Salarius from the offering, before deducting the underwriting discounts and commissions and other offering expenses, are expected to be approximately $20 million. The closing of the offering is expected to take place on or about March 8, 2021, subject to the satisfaction or waiver of customary closing conditions. In addition, Salarius has granted the underwriter a\u00a045-day\u00a0option to purchase up to 2,192,181 additional shares of common stock at the public offering price per share, less underwriting discounts and commissions.<\/p>\n<p align=\"justify\">Ladenburg Thalmann\u00a0&amp; Co. Inc. is acting as sole book-running manager in connection with the public offering.<\/p>\n<p align=\"justify\">The securities were offered pursuant to a registration statement on Form\u00a0S-3\u00a0(File\u00a0No.\u00a0333-231010),\u00a0which was declared effective by the United States Securities and Exchange Commission (the \u201cSEC\u201d) on May 17, 2019. When available, copies of the final prospectus supplement and accompanying prospectus relating to the offering can be obtained at the SEC\u2019s website at www.sec.gov or from Ladenburg Thalmann\u00a0&amp; Co. Inc., Attn: Prospectus Department, 640 Fifth Avenue, New York, NY 10019 or by email at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=2JUnKdgLmBYWdZSUSpY-7xlOK6-A86lGfUdS01yf9MJManA0gJcjyiosWbLOOiJS0TplqFp9JNAkVn1VLDPlTtshBjg6H1ghNxb94DWioms=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">prospectus@ladenburg.com<\/a>.<\/p>\n<p align=\"justify\">This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, 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.<\/p>\n<p align=\"justify\">\n        <strong>About Salarius Pharmaceuticals, Inc.<\/strong>\n      <\/p>\n<p align=\"justify\">Salarius Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company developing cancer therapies for patients in need of new treatment options. Salarius\u2019 lead candidate, seclidemstat, is being studied as a potential treatment for pediatric cancers, solid tumors and other cancers with limited treatment options. Seclidemstat is currently in a Phase 1\/2 clinical trial for relapsed\/refractory Ewing sarcoma, for which it has received Fast Track Designation, Orphan Drug Designation and Rare Pediatric Disease Designation from the U.S. Food and Drug Administration. Salarius is also developing seclidemstat for several cancers with high unmet medical need, with a second clinical study in advanced solid tumors, including prostate, breast, and ovarian cancers. Salarius has received financial support from the National Pediatric Cancer Foundation to advance the Ewing sarcoma clinical program and was also the recipient of a Product Development Award from the Cancer Prevention and Research Institute of Texas (CPRIT). For more information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=AzXynsLjKI_tcssfZdR_2J3d4KQcpuPxqIGIw7SbuxX53qY5dRfnqg0yO15iY5_3OqdmNTQg0CHgkpntedasj-Ge-KJkCGj9hm5wAEREbzc=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">salariuspharma.com<\/a>.<\/p>\n<p>\n        <strong>Forward-Looking Statements<\/strong>\n      <\/p>\n<p align=\"justify\">This press release contains forward-looking statements within the Private Securities Litigation Reform Act of 1995, including statements that relate to the offering, the expected completion of the offering, and other information that is not historical information. Actual results or developments may differ materially from those projected or implied in these forward-looking statements. Factors that may cause such a difference include risks and uncertainties related to completion of the public offering on the anticipated terms or at all, market conditions, the impact of the COVID-19 pandemic, and the satisfaction of customary closing conditions related to the public offering. More information about the risks and uncertainties faced by Salarius is contained in the sections captioned \u201cRisk Factors\u201d in the preliminary prospectus supplement and the accompanying prospectus related to the public offering filed with the SEC, including the documents incorporated by reference therein. Salarius disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.<\/p>\n<p>\n        <strong>Contact<\/strong>\n      <\/p>\n<p>Tiberend Strategic Advisors, Inc. <br \/>Maureen McEnroe, CFA\/Miriam Miller (investors)<br \/>(212) 375-2664 \/ 2694<br \/>mmcenroe@tiberend.com<br \/>mmiller@tiberend.com<\/p>\n<p>Johanna Bennett (media)<br \/>(212) 375-2686 <br \/>jbennett@tiberend.com<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NDUwMyM0MDQ4NTYxIzIwMTY3Nzc=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/6ee65e3b-cd45-4607-9c7a-5fe1c8deb420\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>HOUSTON, March 04, 2021 (GLOBE NEWSWIRE) &#8212; Salarius Pharmaceuticals, Inc. (Nasdaq: SLRX), a clinical-stage biopharmaceutical company developing potential new medicines for patients with pediatric cancers, solid tumors, and other cancers, today announced the pricing of an underwritten public offering of 14,614,541 shares of its common stock at a price to the public of $1.3685 per share. The gross proceeds to Salarius from the offering, before deducting the underwriting discounts and commissions and other offering expenses, are expected to be approximately $20 million. The closing of the offering is expected to take place on or about March 8, 2021, subject to the satisfaction or waiver of customary closing conditions. In addition, Salarius has granted the underwriter a\u00a045-day\u00a0option to purchase up to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/salarius-announces-pricing-of-20-million-underwritten-public-offering-of-common-stock\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Salarius Announces Pricing of $20 Million Underwritten Public Offering of Common Stock&#8221;<\/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-450707","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Salarius Announces Pricing of $20 Million Underwritten 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\/salarius-announces-pricing-of-20-million-underwritten-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=\"Salarius Announces Pricing of $20 Million Underwritten Public Offering of Common Stock - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"HOUSTON, March 04, 2021 (GLOBE NEWSWIRE) &#8212; Salarius Pharmaceuticals, Inc. (Nasdaq: SLRX), a clinical-stage biopharmaceutical company developing potential new medicines for patients with pediatric cancers, solid tumors, and other cancers, today announced the pricing of an underwritten public offering of 14,614,541 shares of its common stock at a price to the public of $1.3685 per share. The gross proceeds to Salarius from the offering, before deducting the underwriting discounts and commissions and other offering expenses, are expected to be approximately $20 million. The closing of the offering is expected to take place on or about March 8, 2021, subject to the satisfaction or waiver of customary closing conditions. In addition, Salarius has granted the underwriter a\u00a045-day\u00a0option to purchase up to &hellip; Continue reading &quot;Salarius Announces Pricing of $20 Million Underwritten Public Offering of Common Stock&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/salarius-announces-pricing-of-20-million-underwritten-public-offering-of-common-stock\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-04T13:33:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NDUwMyM0MDQ4NTYxIzIwMTY3Nzc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/salarius-announces-pricing-of-20-million-underwritten-public-offering-of-common-stock\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/salarius-announces-pricing-of-20-million-underwritten-public-offering-of-common-stock\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Salarius Announces Pricing of $20 Million Underwritten Public Offering of Common Stock\",\"datePublished\":\"2021-03-04T13:33:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/salarius-announces-pricing-of-20-million-underwritten-public-offering-of-common-stock\\\/\"},\"wordCount\":644,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/salarius-announces-pricing-of-20-million-underwritten-public-offering-of-common-stock\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE4NDUwMyM0MDQ4NTYxIzIwMTY3Nzc=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/salarius-announces-pricing-of-20-million-underwritten-public-offering-of-common-stock\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/salarius-announces-pricing-of-20-million-underwritten-public-offering-of-common-stock\\\/\",\"name\":\"Salarius Announces Pricing of $20 Million Underwritten Public Offering of Common Stock - 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(Nasdaq: SLRX), a clinical-stage biopharmaceutical company developing potential new medicines for patients with pediatric cancers, solid tumors, and other cancers, today announced the pricing of an underwritten public offering of 14,614,541 shares of its common stock at a price to the public of $1.3685 per share. The gross proceeds to Salarius from the offering, before deducting the underwriting discounts and commissions and other offering expenses, are expected to be approximately $20 million. The closing of the offering is expected to take place on or about March 8, 2021, subject to the satisfaction or waiver of customary closing conditions. 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