Kadmon Announces Pricing of Public Offering of Common Stock
(WorldNews Health)

Kadmon Announces Pricing of Public Offering of Common Stock NEW YORK, November 13, 2019 - Kadmon Holdings, Inc. (NYSE: KDMN) (`Kadmon`) today announced the pricing of an offering of 26,000,000 shares of its common stock at a public offering price of $3.40 per share in an underwritten offering (the `Offering`). The gross proceeds to Kadmon from the Offering, before deducting underwriting discounts and commissions and other estimated expenses payable by Kadmon, are expected to be $88.4 million. In addition, Kadmon has granted the underwriters in the Offering a 30-day option to purchase up to an additional 3,900,000 shares of Kadmon`s common stock on the same terms and conditions as the shares...