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Aeterna Zentaris Inc.

03:31 PM EST - Aeterna Zentaris Inc. : announced the pricing of its previously announced public offering of 6.6 million units, with each unit consisting of one common share and 0.45 of a warrant to purchase one common share, at a purchase price of $2.50 U.S. per unit. Each warrant will be exercisable for a period of five years following the issuance thereof at an exercise price of $3.45 U.S. per share. Net proceeds from the Offering are expected to be approximately $15.2 million U.S., after deducting underwriting commissions and other expenses related to the Offering. Aeterna Zentaris Inc.
shares T.AEZ are trading down $0.71 at $2.35.