Egalet Corporation (NASDAQ:EGLT) Files An 8-K Other EventsItem 8.01 Other Events
Offering
On July5, 2017, Egalet Corporation (the “Company”) issued a press release announcing its intention to offer and sell shares of its common stock and accompanying warrants in an underwritten public offering, subject to market conditions and other factors. A copy of the press release is attached as Exhibit99.1 to this report and is incorporated herein by reference.
“At-The-Market” Facility Sales
to the Company’s Controlled Equity OfferingSMSales Agreement, dated July2, 2015, with Cantor Fitzgerald& Co. during the second quarter of 2017, the Company sold an aggregate of 938,556 shares of common stock resulting in net proceeds of approximately $2.8 million.
Item 9.01 — Financial Statements and Exhibits
(d)Exhibits
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99.1
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Press Release, dated July5, 2017
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Egalet Corp ExhibitEX-99.1 2 a17-15599_3ex99d1.htm EX-99.1 Exhibit 99.1 Egalet Announces Proposed Public Offering of Common Stock and Warrants Wayne,…To view the full exhibit click here
About Egalet Corporation (NASDAQ:EGLT)
Egalet Corporation is a specialty pharmaceutical company. The Company is engaged in developing, manufacturing and commercializing treatments for pain and other conditions. The Company’s products include OXAYDO and SPRIX Nasal Spray. The Company is developing two late-stage product candidates, ARYMO ER and Egalet-002 using Guardian Technology. The Company’s product SPRIX Nasal Spray, which contains ketorolac tromethamine is a non-steroidal anti-inflammatory drug (NSAID) indicated in adult patients for the short-term management of moderate to moderately severe pain that requires analgesia at the opioid level. The Company’s product OXAYDO is an approved immediate-release (IR) oxycodone product formulated to deter abuse through snorting. The Company’s product candidate, ARYMO ER is an abuse-deterrent (AD), extended-release (ER), oral morphine formulation. The Company’s product candidate, Egalet-002, is an abuse-deterrent, extended-release, oral oxycodone formulation.