Zosano Pharma Prices IPO Of 4.50 Mln Shares At $11 Per Share

(RTTNews) - Zosano Pharma Corp. (ZSAN) Tuesday reported the pricing of its initial public offering of 4.5 million shares of common stock at a price to the public of $11.00 per share.

The shares are scheduled to begin trading on the NASDAQ Capital Market under the ticker symbol "ZSAN" on January 27.

All of the common stock is being offered by Zosano Pharma. In addition, the firm has granted the underwriters a 30-day option to purchase up to 675,000 additional shares of common stock. The offering is expected to close on January 30.

Ladenburg Thalmann and Roth Capital Partners are the joint book-running managers.