Replies to post #111292 on Biotech Values

[DewDiligence]

Agreed—it’s unusual for the underwriter to exercise only a portion of the overallotment option. I don’t know what to make of it.

[DewDiligence]

Here’s another instance where the underwriter partially exercised the overallotment option:

http://finance.yahoo.com/news/Zogenix-Announces-Partial-pz-1788299905.html?x=0&.v=1

It’s curious that this happened to two companies in the same week.