Eyenovia announced the closing of its initial public offering of 2,730,000 shares of its common stock. Eyenovia received $27.3 million in gross proceeds from the offering, before underwriting discounts and commissions and other estimated offering expenses. Eyenovia has granted the underwriters a 30-day option to purchase up to 409,500 additional shares to cover over-allotments, if any. Eyenovia’s common shares are traded on the Nasdaq Capital Market under the ticker symbol “EYEN."
Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE American:LTS) and Roth Capital Partners acted as joint book-running managers for the offering.