Alliqua offers up stock
LANGHORNE, Pa. – Alliqua Medical has announced a public offering of common stock. The provider of advanced wound care products has announced pricing of an underwritten public offering of 6.6 million of its common stock at a price to the public of $4.55 per share. It expects to close the offering on May 4. Alliqua will use net proceeds from the offering to fund the expansion of its marketed products, explore additional products platforms and increase working capital, according to a press release.