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Senomyx, Inc. Announces Exercise of Over-Allotment and Closing of
Public Offering of Common Stock
FRESHNEWS.COM
November 10, 2005
Senomyx, Inc. (NASDAQ:SNMX) (Company) today announced that Deutsche
Bank Securities Inc. has exercised in full its over-allotment option
to purchase 528,169 additional shares of common stock of the Company.
The offering of 4,049,295 shares of common stock, including the over-allotment
shares, closed on November 9, 2005, resulting in net proceeds to the
Company of approximately $57.2 million.
A prospectus supplement relating to the offering has been filed with
the Securities and Exchange Commission (SEC) by the Company, and is
available along with the related base prospectus filed with the SEC
in connection with the shelf registration, on the SEC's website at
www.sec.gov/. Deutsche Bank Securities Inc. is the sole underwriter
for this offering. Printed copies of the prospectus supplement and
the related base prospectus relating to the offering may also be obtained
from Deutsche Bank Securities Inc., 60 Wall Street, 4th Floor, New
York, NY 10005 (Tel: 212-250-2500).
The common stock was offered in connection with a distribution by
the issuer and represented a new financing.
About Senomyx, Inc. (www.senomyx.com)
Senomyx uses proprietary taste receptor-based assays, screening technologies
and optimization chemistry to discover and develop novel flavors,
flavor enhancers and taste modulators for the packaged food and beverage
industry. Senomyx's current programs focus on the development of flavors,
flavor enhancers and taste modulators in the savory, sweet, salt and
bitter taste areas.
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