Tonix Pharmaceuticals Holding Corp (TNXP)

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http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11994400


Tonix Pharmaceuticals Announces Full Exercise and Closing of Underwriters’ Over-Allotment Option
NEW YORK, April 13, 2017 (GLOBE NEWSWIRE) -- Tonix Pharmaceuticals Holding Corp. (TNXP) (“Tonix”), a company that is developing innovative pharmaceutical products to address public health challenges, today announced that the underwriters of Tonix’s previously announced public offering that initially closed on April 4, 2017, have purchased an additional 270,000 shares of Tonix’s common stock at a price of $4.45 per share, before deducting the underwriting discount, in connection with the exercise in full of their over-allotment option. Tonix has now sold a total of 2,070,000 shares of its common stock in connection with the offering, with total gross proceeds of $9,211,500, before deducting underwriting discounts and commissions and other estimated offering expenses payable by Tonix.