Nasdaq-quoted CPP on Wednesday priced a public offering of 15 million units at $10.53 a piece, which means the owner is poised to rake in $158m.

If underwriters exercise an option to acquire an additional 2.5 million the company will walk away with another $26.3m, which would push the total to nearly $185m.

As we reported CPP plans to apply the proceeds towards the $311.5m