InvestorsHub Logo
Post# of 251778
Next 10
Followers 4
Posts 332
Boards Moderated 0
Alias Born 12/22/2014

Re: ghmm post# 191128

Thursday, 05/14/2015 6:51:04 AM

Thursday, May 14, 2015 6:51:04 AM

Post# of 251778
GLPG up-upsized offering, 6.55mn new shares (was 6nm)

In accordance with Rule 462(b) promulgated under the Securities Act of 1933, as amended, an additional amount of securities having a proposed maximum offering price of no more than 20% of the maximum aggregate offering price of the securities eligible to be sold under the related Registration Statement on Form F-1, as amended (File No. 333-203435), is hereby registered.

www.sec.gov/Archives/edgar/data/1421876/000119312515186461/d922296df1mef.htm



and not only that, they've set the parameters to in total USD 275mn from
- 5mn ADS at USD 42.05
- 1.53mn ordinary shares at EUR 37 (i.e. reflecting EUR 56.61mn in private placement, of this USD 55mn known to be the amounts Abbvie and J&J were interested in)


further:
The closings of the ADS offering and the concurrent private placement are conditioned on each other, and are expected to occur on May 19.

http://www.nasdaq.com/article/galapagos-reports-raising-of-275-mln-gross-proceeds-with-us-ipo-20150514-00005



(comment: but will ring the bell today http://www.nasdaq.com/press-release/galapagos-nasdaq-glpg-to-ring-the-nasdaq-stock-market-opening-bell-20150514-00124 :)

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.