Applied Genetic Technologies (AGTC) Prices 6.5M Share Common Offering at $5/Sh

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Go back to Applied Genetic Technologies (AGTC) Prices 6.5M Share Common Offering at $5/Sh

AGTC Announces Pricing of $32,500,000 Public Offering of Common Stock

February 6, 2020 8:05 PM EST

GAINESVILLE, Fla. and CAMBRIDGE, Mass., Feb. 06, 2020 (GLOBE NEWSWIRE) -- Applied Genetic Technologies Corporation (Nasdaq: AGTC), a biotechnology company conducting human clinical trials of adeno-associated virus (AAV)-based gene therapies for the treatment of rare diseases, today announced the pricing of its previously announced underwritten public offering of 6,500,000 shares of its common stock at a public offering price of $5.00 per share, less underwriting discounts and commissions. In addition, AGTC has granted the underwriters a 30-day option to purchase up to an additional 975,000 shares of its common stock at the public offering price per... More