WilmerHale Reps Underwriters in Concurrent Public Offerings

WilmerHale Reps Underwriters in Concurrent Public Offerings

Client News

WilmerHale represented the joint-book running managers in the concurrent public offerings of (i) 7,400,000 shares of common stock of Xeris Pharmaceuticals, Inc. at a price to the public of $2.72 per share, for total gross proceeds to the Company of approximately $20.13 million (before underwriting discounts and expenses) and (ii) $75,000,000 aggregate principal amount of 5.00% convertible senior notes due 2025. In addition, Xeris granted the underwriters an option for a period of 30 days to purchase up to an additional 1,110,000 shares of common stock at the public offering price, less the underwriting discount and an additional $11,250,000 aggregate principal amount of notes, which the underwriters exercised in full. The transactions priced on June 25, 2020 and closed on June 30, 2020 and July 7, 2020.

The WilmerHale team consisted of Lisa Firenze, Glenn Pollner, Bruce Manheim, Colleen Superko, Chip McCorkle, Howell Ma, Jenny Moore and Heidi Treiber.

Notice

We appreciate your interest in WilmerHale. While we are pleased to have you contact us, please keep in mind that merely contacting WilmerHale does not create an attorney-client relationship. Such a relationship will not arise until the Firm agrees in writing to represent you in connection with a particular matter. Importantly, unless and until this has occurred, you should not provide us with any confidential information, and we have no duty to keep confidential any information that we may receive from you. Thank you for your understanding.