Biodel Inc. (BIOD) said Tuesday that it is offering to sell shares of its common stock in an underwritten public offering.
In addition, Biodel plans to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares sold to cover overallotments, if any.
William Blair & Company, L.L.C. is acting as the sole book-running manager of the offering and Ladenburg Thalmann & Co. Inc. is acting as co-underwriter for the offering.
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