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NovaBay Pharmaceuticals Prices Initial Public Offering of Common Stock
NovaBay Pharmaceuticals Prices Initial Public Offering of Common Stock.
About this update from Niobay Metals Inc.
[{"type":"text","content":"\n\n\n\nEMERYVILLE, Calif., Oct. 25 /CNW/ -- NovaBay Pharmaceuticals, Inc. (Amex,\nTSX: NBY) today announced the pricing of its initial public offering of\n5,000,000 shares of its common stock at a price to the public of U.S. $4.00\nper share. NovaBay has granted to the underwriters a 30-day option to\npurchase up to an additional 750,000 shares at the initial public offering\nprice to cover over-allotments, if any. The shares will commence trading on\nOctober 26, 2007 on the American Stock Exchange and on an "if, as and when\nissued" basis on the Toronto Stock Exchange, under the symbol "NBY". The\noffering is expected to close on or about October 31, 2007.\n\n\nDundee Securities Corporation is acting as the sole book runner for the\noffering, with Desjardins Securities Inc. as co-lead manager. The shares are\nbeing offered in Canada by an underwriting syndicate co-led by Dundee\nSecurities Corporation and Desjardins Securities Inc. and including Blackmont\nCapital Inc., and in the United States by Dundee Securities Inc. and Dawson\nJames Securities, Inc.\n\n\nThe offering is being made in the United States pursuant to a written\nprospectus forming a part of the registration statement relating to these\nsecurities, which was declared effective by the Securities and Exchange\nCommission on October 24, 2007, and in Canada pursuant to a final base PREP\nprospectus dated October 24, 2007 for which a receipt has been issued by the\napplicable Canadian securities regulatory authorities and which shall be\nsupplemented by a supplemented PREP prospectus. This press release shall not\nconstitute an offer to sell or the solicitation of an offer to buy these\nsecurities, and there shall be no sale of these securities in any state,\nprovince or jurisdiction in which such offer, solicitation or sale would be\nunlawful prior to registration or qualification under the securities laws of\nany such state, province or jurisdiction.\n\n\nCopies of the United States prospectus may be obtained from Dawson James\nSecurities, Inc., Attn: Investment Banking, 925 South Federal Highway, 6th\nFloor, Boca Raton, FL 33432, telephone number (866) 928-0928. Copies of the\nCanadian prospectus may be obtained from Dundee Securities Corporation, 1\nAdelaide St. E., Suite 2700, Toronto, Ontario M4T 1J9; Attn: Equity Capital\nMarkets, E-mail: ...