The offering price represents an 21% discount to the stock's closing price on Thursday.
The company said it plans to use the net proceeds for the development of its product portfolio, for working capital, and for other general corporate purposes.
The company granted underwriters a 30-day option to buy up to an additional 7.5 million shares to cover over-allotment, if any.
OPK shares fell 4.3% Friday pre-market hours.
Price: 1.5800, Change: -0.05, Percent Change: -3.07
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