Translate Bio (TBIO) Prices 9M Share Common Offering at $10/Sh

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Go back to Translate Bio (TBIO) Prices 9M Share Common Offering at $10/Sh

Translate Bio Announces Pricing of Public Offering of Common Stock

September 17, 2019 9:07 PM EDT

LEXINGTON, Mass., Sept. 17, 2019 (GLOBE NEWSWIRE) -- Translate Bio, Inc. (Nasdaq: TBIO), a clinical-stage messenger RNA (mRNA) therapeutics company developing a new class of potentially transformative medicines to treat diseases caused by protein or gene dysfunction, today announced the pricing of its underwritten public offering of 9,000,000 shares of its common stock at a public offering price of $10.00 per share, for aggregate gross proceeds of $90 million, before deducting underwriting discounts and commissions and offering expenses payable by Translate Bio. In addition, Translate Bio has granted the underwriters a 30-day option to purchase up to... More