Insmed Announces Proposed Public Offering of Common Stock
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Insmed (INSM) Prices 9.7M Common Stock Offering at $23.25/sh
May 5, 2020 8:09 AM EDTInsmed Incorporated (Nasdaq: INSM) announced today that it priced a registered underwritten public offering of 9,700,000 shares of its common stock at a price to the public of $23.25 per share. The gross proceeds to Insmed from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Insmed, are expected to be approximately $225.5 million. In addition, Insmed has granted the underwriters a 30-day option to... More
