Sarasota biotech company announces $20M public offering


Oragenics is developing drug candidates for treating mild traumatic brain injury and concussion.
Oragenics is developing drug candidates for treating mild traumatic brain injury and concussion.
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  • Manatee-Sarasota
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A publicly traded Sarasota biotechnology company has announced a public offering of up to $20 million of preferred stock.

Oragenics, which trades on the New York Stock Exchange under the ticker OGEN, is offering 800,000 shares of its stock at $25 per share, according to a statement. 

The company says it plans to use the net proceeds from the offering, along with its existing cash, for several purposes: 

 

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