Replies to post #80921 on $heff's $tation of $tocks & $olid DD

[$heff]

trade2much..I also like that this is trading near the offering as well. Catalyst Pharmaceutical Partners, Inc. Announces Closing of Previously Announced Public Offering at $2.21

CORAL GABLES, Fla., April 8, 2014 (GLOBE NEWSWIRE) -- Catalyst Pharmaceutical Partners, Inc. (Nasdaq:CPRX) today reported that it has closed its previously announced public offering of shares of its common stock. The Company sold 13,023,750 shares of its common stock in the offering, including 1,698,750 shares that were issued upon the exercise by the underwriters of their overallotment option. The offering price was $2.21 per share, and the net proceeds from the sale of the shares is expected to be $26.8 million. Piper Jaffray & Co. acted as the sole book-running manager for the offering, Roth Capital Partners acted as co-lead manager, and H.C. Wainwright & Co., LLC acted as co-manager with respect to the offering.

Patrick J. McEnany, Catalyst's Chairman and CEO, stated: "We are pleased to have completed this financing, which allows us to continue our development activities of both Firdapse™ and CPP-115, and to begin our pre-commercialization activities for Firdapse™. We are also excited that a significant number of high quality fundamental life science investors participated in our offering."

http://ir.catalystpharma.com/releasedetail.cfm?ReleaseID=838891