HAMPTON, N.J., Dec. 9, 2013 (GLOBE NEWSWIRE) -- Celldex Therapeutics, Inc. (Nasdaq:CLDX) today announced that the underwriters of its previously announced public offering of common stock have exercised in full their option to purchase an additional 1,050,000 additional shares of common stock at the public offering price of $24.50. Proceeds to Celldex from the exercise of the underwriters' option will be approximately $18.9 million, after deducting underwriting discounts and commissions and proceeds to a limited number of selling stockholders. 813,483 shares sold pursuant to the exercise of the option were sold by Celldex and 236,517 shares were sold by selling stockholders. The offering is expected to close on or about December 10, 2013, subject to customary closing conditions.
Celldex Announces Exercise Of Underwriters' Option To Purchase Additional Shares
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