Gentium S.p.A. Announces Pricing of Initial Public Offering
June 16 2005 - 12:38PM
PR Newswire (US)
Gentium S.p.A. Announces Pricing of Initial Public Offering VILLA
GUARDIA, Como, Italy, June 16 /PRNewswire-FirstCall/ -- Gentium
S.p.A. (AMEX:GNT) (the "Company") announced today that its initial
public offering of 2.4 million of American Depositary Shares (ADSs)
representing 2.4 million of its ordinary shares has been priced at
$9.00 per ADS. The Company has granted the underwriters a 45-day
option to purchase up to 360,000 additional ADSs to cover
over-allotments. The ADSs will be listed on the American Stock
Exchange under the symbol "GNT" and will begin trading today, June
16, 2005. A registration statement relating to these securities was
filed with and declared effective by the Securities and Exchange
Commission on June 15, 2005. This announcement is neither an offer
to sell nor a solicitation of an offer to buy these securities. The
offer is made only by the prospectus. A copy of the final
prospectus relating to these securities may be obtained from Maxim
Group LLC, 405 Lexington Avenue, 2nd Floor, New York, NY 10174, and
I-Bankers Securities Incorporated, 1560 East Southlake Boulevard,
Suite 232, Southlake, Texas, 76092. Cautionary Note Regarding
Forward-Looking Statements This press release contains
"forward-looking statements." In some cases, you can identify these
statements by forward-looking words such as "may," "might," "will,"
"should," "expect," "plan," "anticipate," "believe," "estimate,"
"predict," "potential" or "continue," the negative of these terms
and other comparable terminology. These statements are not
historical facts but instead represent the Company's belief
regarding future results, many of which, by their nature, are
inherently uncertain and outside the Company's control. It is
possible that actual results may differ, possibly materially, from
those anticipated in these forward-looking statements. For a
discussion of some of the risks and important factors that could
affect future results, see the discussion in our Registration
Statement on Form F-1 (Commission file number 333-122233) under the
caption "Risk Factors." CONTACT: Cary Grossman Chief Financial
Officer (713) 827-2104 DATASOURCE: Gentium S.p.A. CONTACT: Cary
Grossman, Chief Financial Officer of Gentium S.p.A.,
+1-713-827-2104, or Web site: http://www.gentium.it/
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