Evoke Pharma Announces IPO

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Evoke Pharma, Inc., a specialty pharmaceutical company focused on treatments for gastrointestinal (GI) diseases, today announced the pricing of its initial public offering of 2,100,000 shares of its common stock at a public offering price of $12.00 per share. The gross proceeds to Evoke Pharma from the initial public offering are expected to be $25,200,000, before underwriting discounts and commissions and estimated offering expenses. Evoke has granted the representative of the underwriters a 30 day option to purchase up to 315,000 additional shares of common stock from the Company to cover over-allotments, if any. Shares of Evoke’s common stock have been approved for listing on the NASDAQ Capital Market under the symbol “EVOK” and are expected to begin trading on September 25, 2013.

Read the source article at online.wsj.com