Corium International Inc. plans to sell common stock in an underwritten public offering.
The company will grant the underwriters option to purchase additional shares in the offering.
Corium plans to use the proceeds of the offering for product development and general corporate purposes, which may include funding research and development, increasing working capital, reducing debt, acquisitions or investments in businesses, complementary products or technologies, and capital expenditures.
Cantor Fitzgerald & Co. is acting as the sole book-running manager for the offering.