Viela Bio (VIE) Prices 3.6M Share Common Offering at $47/Sh

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Go back to Viela Bio (VIE) Prices 3.6M Share Common Offering at $47/Sh

Viela Bio (VIE) Announces Proposed 3M Share Public Offering of Common Stock

May 26, 2020 7:24 AM EDT

Viela Bio, Inc. (Nasdaq: VIE), a clinical-stage biotechnology company pioneering treatments for autoimmune and severe inflammatory diseases, today announced that it intends to offer and sell, subject to market and other conditions, 3,000,000 shares of its common stock in an underwritten public offering. In addition, certain selling stockholders expect to grant the underwriters a 30-day option to purchase up to an additional 450,000 shares of common stock from the selling stockholders.

Morgan Stanley, Goldman Sachs & Co. LLC, Cowen and Guggenheim Securities are acting as the joint... More