Amyris (AMRS) to Offer Common Stock

Amyris, Inc. (Nasdaq: AMRS) announced the commencement of a proposed underwritten public offering of shares of its common stock.

Amyris is conducting a resale of stock on behalf of its current stockholders, DSM International B.V. and affiliates of Vivo Capital LLC (the selling stockholders). The selling stockholders intend to offer an aggregate of $150.0 million of shares of Amyris's common stock. Amyris will not receive any proceeds from the sale of the shares by the selling stockholders. Additionally, Amyris intends to offer $100.0 million of shares of its common stock to support its continued growth.

The selling stockholders and Amyris expect to grant the underwriters a 30-day option to purchase up to an additional $37.5 million of shares of Amyris's common stock at the public offering price, less underwriting discounts and commissions. The proposed 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.

J.P. Morgan Securities LLC and Cowen and Company, LLC are acting as the joint bookrunning managers for the proposed offering.

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