Eton Pharmaceuticals Announces Proposed Public Offering of Common Stock

Pharmaceuticals Announces Proposed Public Offering of Common Stock

PARK, ILL., October 13, 2020 (GLOBE NEWSWIRE) - Eton Pharmaceuticals, Inc (Nasdaq: ETON), a specialty pharmaceutical company

focused on developing and commercializing innovative treatments for rare pediatric diseases, today announced that it is offering

to sell shares of its common stock in an underwritten public offering. The offering is expected to price on or about Wednesday,

Pharmaceuticals intends to use the net proceeds from the offering primarily for general corporate purposes, which may include

research and development activities, capital expenditures, selling, general and administrative costs, and to meet working capital

Securities Corporation, a wholly owned subsidiary of National Holdings, Inc. (NASDAQ: NHLD), is acting as the sole book-running

manager of the offering. The Liquid Venture Partners group at National Securities is responsible for sourcing and executing the

shares described above are being offered by Eton Pharmaceuticals pursuant to a registration statement previously filed with and

subsequently declared effective by the Securities and Exchange Commission ("SEC"). A preliminary prospectus supplement

relating to the offering has been filed with the SEC and is available on the SEC's website at http://www.sec.gov.

press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein,

nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be

unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Copies of the preliminary

prospectus supplement, and accompanying base prospectus relating to this offering, may be obtained from National Securities Corporation,

Attn: Charles Wanyama, ECM -Syndicate, 200 Vesey Street, 25th Floor New York, NY 10281, email: cwanyama@yournational.com, telephone:

Eton Pharmaceuticals

Pharmaceuticals, Inc. is a specialty pharmaceutical company focused on developing and commercializing innovative treatments for

rare pediatric diseases. The company currently owns or receives royalties from three FDA-approved approved products, including

ALKINDI SPRINKLE, Biorphen , and Alaway Preservative Free, and has six additional products in its late-stage pipeline,

including five that have been submitted to the FDA.

press release contains forward-looking statements regarding the proposed public offering and the intended use of proceeds from

the offering. The offering is subject to market and other 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. Forward-looking statements involve known and unknown risks,

uncertainties and other factors that could cause actual results to differ materially, including those risks disclosed in the section

"Risk Factors" included in the preliminary prospectus supplement filed with the SEC on October 13, 2020. Eton

Pharmaceuticals cautions readers not to place undue reliance on any forward-looking statements. The Company does not undertake,

and specifically disclaims any obligation, to update or revise such statements to reflect new circumstances or unanticipated events