Affymax Announces Proposed Public Offering Of Common Stock - Quick Facts

Affymax, Inc. (AFFY) announced that subject to market and other conditions, it intends to offer shares of its common stock in an underwritten public offering.

Affymax expects to grant the underwriters a thirty-day option to purchase additional shares of common stock to cover overallotments, the compoany stated.

Cowen and Company, LLC and Lazard Capital Markets LLC are acting as joint book-runners, with RBC Capital Markets Corporation and Robert Baird & Co. Incorporated acting as co-managers for the offering.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com