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DewDiligence

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DewDiligence

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Re: DewDiligence post# 224907

Friday, 05/10/2019 9:14:58 AM

Friday, May 10, 2019 9:14:58 AM

Post# of 257438
ICPT prices $460M* stock-and-convertible-debt offering:

https://www.globenewswire.com/news-release/2019/05/10/1821822/0/en/Intercept-Pharmaceuticals-Announces-Pricing-of-Offerings-of-Common-Stock-and-Convertible-Senior-Notes-due-2026.html

The stock portion of the offering is at $83.50—a 5% discount to Wednesday’s close.

*Assuming exercise of underwriter’s option.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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