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SEC Filings

S-1/A
OREXIGEN THERAPEUTICS, INC. filed this Form S-1/A on 04/09/2007
Entire Document
 
Table of Contents

THE OFFERING
 
Common stock offered 6,000,000 shares
 
Common stock to be outstanding after this offering 24,860,270 shares
 
Use of proceeds We expect to use the net proceeds from this offering to fund clinical development of our product candidates and for working capital and other general corporate purposes. We may also use a portion of the net proceeds to in-license, acquire or invest in complementary businesses or products.
 
Proposed Nasdaq Global Market symbol OREX
 
The number of shares of common stock to be outstanding after this offering is based on 18,860,270 shares outstanding as of March 31, 2007, after giving effect to the conversion of all of our shares of preferred stock outstanding as of March 31, 2007 into shares of common stock, and excludes:
 
  •      2,352,062 shares of common stock issuable upon the exercise of options outstanding as of March 31, 2007 at a weighted average exercise price of $1.46 per share; and
 
  •      4,228,240 shares of our common stock reserved for future issuance under our 2007 equity incentive award plan, which will become effective on the day prior to the day on which we become subject to the reporting requirements of the Securities Exchange Act of 1934, as amended, or the Exchange Act (including 703,240 shares of common stock reserved for future grant or issuance under our 2004 stock plan, which shares will be added to the shares to be reserved under our 2007 equity incentive award plan upon the effectiveness of the 2007 equity incentive award plan).
 
Except as otherwise indicated, all information in this prospectus assumes:
 
  •      no exercise by the underwriters of their option to purchase up to an additional 900,000 shares of common stock to cover over-allotments;
 
  •      the filing of our amended and restated certificate of incorporation and amended and restated bylaws upon completion of this offering;
 
  •      the conversion of all outstanding shares of our preferred stock into 16,462,231 shares of common stock upon completion of this offering; and
 
  •      a one-for-two reverse stock split of our common stock effected in April 2007.


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