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ARTICLE | Financial News

Aldeyra, Nightstar price follow-ons

September 28, 2018 9:25 PM UTC

Aldeyra Therapeutics Inc. (NASDAQ:ALDX) and Nightstar Therapeutics plc (NASDAQ:NITE) each priced follow-ons Thursday, raising a total of about $144 million.

Aldeyra raised $72.2 million through the sale of 5.3 million shares at $13.75 in a follow-on underwritten by Citigroup and Cantor Fitzgerald. The price is a 3% premium to Aldeyra's closing price of $13.35 on Wednesday, when it proposed the offering after market hours. Aldeyra gained 5% Thursday before pricing the offering, then shed $0.55 to $13.80 on Friday...