June 14, 2016 6:46am

ONCE will not receive any proceeds from the sale of shares by Children’s Hospital of Philadelphia Foundation (CHOP).

 


 

The offering consists of 2.5 M shares being offered by Spark and 1 M shares being offered by CHOP.

In addition, Spark is expected to grant the underwriters of the offering an option for a period of 30 days to purchase up to an additional 525 K shares at the public offering price, less the underwriting discount.

The offering is always subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed.