PETALUMA, Calif., March 7, 2013 (GLOBE NEWSWIRE) -- Oculus Innovative Sciences, Inc. (Nasdaq:OCLS) today announced the pricing of an underwritten public offering of 7,500,000 shares of its common stock offered at a price to the public of $0.40 per share. The gross proceeds to Oculus from this offering are expected to be approximately $3,000,000, before deducting the underwriting discount and other estimated offering expenses payable by Oculus. Oculus Innovative Sciences has granted the underwriters a 45-day option to purchase up to an aggregate of 1,125,000 additional shares of its common stock to cover over-allotments, if any. The offering is expected to close on or about March 12, 2013, subject to customary closing conditions.
Oculus Innovative Sciences Announces Pricing Of Public Offering Of 7,500,000 Shares Of Common Stock And Intention To Repay Certain Indebtedness
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