Boston – May 17, 2017 – Cooley advised ZIOPHARM Oncology in its $50 million underwritten registered direct offering of 9,708,738 shares of common stock at an offering price of $5.15 per share. Guggenheim Securities acted as sole underwriter for the offering.
ZIOPHARM Oncology, a long-time client of Cooley, trades on the NASDAQ Capital Market as "ZIOP." It is a biotechnology company employing novel gene expression, control and cell technologies to deliver safe, effective and scalable cell- and viral-based therapies for the treatment of cancer and graft-versus-host-disease.
The Cooley team advising ZIOPHARM Oncology included Marc Recht, Josh Rottner, Courtney Thorne, Esther Cho, Chris Gerry, James Schneider, Sarah O’Loughlin, Jeremy Naylor, Mike Faber, Heidi Erlacher, Natasha Leskovsek, Fran Wheeler, Josh Kaufman, Jason Minio and Chelsea Smith.
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