Assembly Biosciences Announces the Closing of its Offering of Common Stock and Pre-Funded Warrants and Full Exercise of the Underwriters’ Option to Purchase Additional Shares
Assembly Biosciences closed a registered offering of 3.92 million shares of common stock at $26.50 per share, including the full exercise of the underwriters' option for 566,040 additional shares. The company also sold 415,000 pre-funded warrants to an existing investor at $26.499 each, generating aggregate gross proceeds of approximately $115 million.
Key figures
- Deal Value Usd
- 115000000
- Offering Price
- 26.5
- Shares Offered
- 3924624
- Pre funded warrant price
- 26.499
- Underwriter option shares
- 566040
- Pre funded warrants shares
- 415000
AI analysis
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