Esperion Announces Pricing of $85.1 Million Public Offering of Common Stock
ANN ARBOR, Mich., Jan. 18, 2024 (GLOBE NEWSWIRE) — Esperion Therapeutics, Inc. (“Esperion”, “we”, “us” or “our”) (Nasdaq:ESPR) announced today the pricing of its previously announced underwritten public offering of 56,700,000 shares of its common stock at a public offering price of $1.50 per share, before underwriting discounts and commissions. All of the shares of common stock are being offered by Esperion. In addition, Esperion granted the underwriters a 30-day option to purchase up to an additional 8,505,000 shares of its common stock at the public offering price, less underwriting discounts and commissions. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Esperion, are expected to be approximately $85.1 million, excluding any exercise of the underwriters’ option to purchase additional shares. The offering is expected to close on January 23, 2024, subject to customary closing conditions.