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Corium raises $40.3M in gross proceeds from common stock offering

Corium International Inc. closed its underwritten public offering of 6,440,000 common shares at $6.25 apiece with gross proceeds of $40.3 million.

The underwriters fully exercised their option to buy an additional 840,000 shares.

Jefferies LLC acted as the sole book-running manager and Guggenheim Securities LLC acted as lead manager for the offering. Needham & Co. LLC, FBR Capital Markets & Co., H.C. Wainwright & Co. LLC and WBB Securities LLC acted as co-managers.