Attached files
file | filename |
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8-K - FORM 8-K - Pernix Sleep, Inc. | c08956e8vk.htm |
EX-1.1 - EXHIBIT 1.1 - Pernix Sleep, Inc. | c08956exv1w1.htm |
EX-5.1 - EXHIBIT 5.1 - Pernix Sleep, Inc. | c08956exv5w1.htm |
EX-99.1 - EXHIBIT 99.1 - Pernix Sleep, Inc. | c08956exv99w1.htm |
EX-99.3 - EXHIBIT 99.3 - Pernix Sleep, Inc. | c08956exv99w3.htm |
Exhibit 99.2
SOMAXON ANNOUNCES PRICING OF PUBLIC OFFERING OF COMMON STOCK
SAN DIEGO, CA November 19, 2010 Somaxon Pharmaceuticals, Inc. (Nasdaq: SOMX) today announced
that it has priced an underwritten public offering of 8,800,000 shares of its common stock at a
price to the public of $2.95 per share. The offering is expected to close on or about November 24,
2010, subject to customary closing conditions.
Piper Jaffray & Co. is acting as sole underwriter for the offering. Somaxon has granted the
underwriter a 30-day option to purchase up to 1,320,000 additional shares of common stock to cover
over-allotments, if any.
The securities described above are being offered by Somaxon pursuant to a shelf registration
statement previously filed with and declared effective by the Securities and Exchange Commission
(the SEC) on July 15, 2010. A prospectus supplement related to the offering will be filed with
the SEC and, once filed, will be available on the SECs web site at http://www.sec.gov. When
available, copies of the prospectus supplement and the accompanying prospectus relating to these
securities may be obtained from Piper Jaffray & Co. at 800 Nicollet Mall, Minneapolis, MN 55402,
Suite 800, or by telephone at (800) 747-3924. This press release shall not constitute an offer to
sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these
securities in any state or other jurisdiction in which such offer, solicitation or sale would be
unlawful prior to the registration or qualification under the securities laws of any such state or
other jurisdiction.
About Somaxon Pharmaceuticals, Inc.
Headquartered in San Diego, CA, Somaxon Pharmaceuticals, Inc. is a specialty pharmaceutical company
focused on the in-licensing, development and commercialization of proprietary branded
pharmaceutical products and of late-stage product candidates for the treatment of diseases and
disorders in the central nervous system therapeutic area. Somaxons product Silenor (doxepin), now
available by prescription in the United States, is indicated for the treatment of insomnia
characterized by difficulty with sleep maintenance.
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Somaxon Announces Pricing of Public Offering of Common Stock
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In addition to historical facts, this press release contains forward-looking statements that
involve a number of risks and uncertainties such as those, among others, relating to Somaxons
expectations regarding the completion, timing and size of its proposed public offering. Among the
factors that could cause actual results to differ materially from those indicated in the
forward-looking statements are risks and uncertainties associated with market conditions and the
satisfaction of customary closing conditions related to the proposed offering, as well as risks and
uncertainties associated with Somaxons business and finances in general, and the other risks
detailed in Somaxons periodic filings with the Securities and Exchange Commission.
Readers are cautioned not to place undue reliance on these forward-looking statements, which speak
only as of the date hereof. All forward-looking statements are qualified in their entirety by this
cautionary statement, and Somaxon undertakes no obligation to revise or update this press release
to reflect events or circumstances after the date hereof. This caution is made under the safe
harbor provisions of Section 21E of the Securities Exchange Act of 1934.