Twist Bioscience Corp (TWST) Form 424B5 — Aug 5, 2026
Twist Bioscience has priced a follow-on public offering of 3,125,000 shares of common stock at $96.00 per share, targeting gross proceeds of $300 million and expected net proceeds of approximately $284.3 million. Underwriters hold a 30-day option to purchase up to 468,750 additional shares, which would lift net proceeds to approximately $327.1 million. The deal is led by Goldman Sachs & Co. LLC with William Blair, Leerink Partners and Guggenheim Securities as co-underwriters, with share delivery expected on or about August 6, 2026.
Key figures
- Eps
- -$0.56 (Q3 FY2026 diluted)
- Revenue
- $118.4 million (Q3 FY2026, three months ended June 30, 2026)
- Net Income
- -$35.1 million (Q3 FY2026 net loss)
- Gross Proceeds
- 300000000
- Offering Price
- 96
- Shares Offered
- 3125000
- Shares Outstanding
- 65,799,150 after offering (66,267,900 if greenshoe fully exercised; 62,674,150 before, as of June 30, 2026)
- Net proceeds
- $284.3 million ($327.1 million if greenshoe exercised in full)
- Greenshoe shares
- 468750
- Lockup period days
- 60
- Adjusted ebitda q3 fy2026
- -$11.3 million
- Q3 fy2026 interest income
- $1.5 million
- Estimated offering expenses
- $0.7 million
- Total underwriting discount
- $15.0 million ($17.25 million with full greenshoe exercise)
- Immediate dilution per share
- 86.35
- Atm program remaining capacity
- $200.0 million (no shares sold to date, TD Securities Sales Agreement dated June 18, 2026)
- Underwriting discount per share
- 4.8
- Last reported sale price aug 4 2026
- 99.44
- Q3 fy2026 depreciation and amortization
- $6.778 million
- Pro forma net tangible book value per share
- 9.65
- Net tangible book value per share pre offering
- 5.6
Price after filing
Close on the filing date to close N calendar days later (from $115.01). Historical, not a forecast.
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