(Source: Alcobra Ltd) TEL AVIV, Israel, Nov. 12, 2015 (GLOBE NEWSWIRE) -- Alcobra Ltd. (Nasdaq:ADHD) announced today that it intends to offer its ordinary shares in an underwritten public offering. Jefferies LLC and Barclays Capital Inc. are acting as joint book-running managers for the offering. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Alcobra also expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the ordinary shares offered to the public. Alcobra plans to use the net proceeds from the offering to fund its...
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