Scientific Learning Announces Pricing of a Public Offering of its Common Stock

Scientific Learning Announces Pricing of a Public Offering of its Common Stock

Scientific Learning Corporation (NASDAQ:SCIL) announced today the public offering of 7,661,638 shares of its common stock. The offering was priced at $5.00 per share. All 7,661,638 shares of common stock are being sold by Warburg, Pincus Ventures, L.P. In addition, certain other stockholders have granted the underwriters a 30 day option to purchase up to 200,000 additional shares of common stock to cover over-allotments. Scientific Learning is not selling any shares of common stock and will not receive any proceeds from the offering.

ThinkEquity Partners LLC is serving as bookrunning lead manager for the offering and, together with BMO Capital Markets Corp. and Signal Hill Capital Group LLC, is representing the underwriters.

A copy of the final prospectus for the offering may be obtained at www.sec.gov, or from ThinkEquity Partners LLC, 600 Montgomery Street, 8th Floor, San Francisco, CA 92111 or prospectus {at} thinkequity(.)com. This news release shall not constitute an offer to sell or a solicitation of any offer to buy, 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.