Evelo Biosciences Inc. (EVLO) Prices 12M Share Common Offering at $3.75/Sh

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Go back to Evelo Biosciences Inc. (EVLO) Prices 12M Share Common Offering at $3.75/Sh

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June 24, 2020 5:46 PM EDT

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UPDATE: Evelo Biosciences Inc. (EVLO) Announces Proposed $40M Common Share Offering

June 24, 2020 4:01 PM EDT

(Updated - June 24, 2020 4:02 PM EDT)

Evelo Biosciences, Inc. (NASDAQ: EVLO) today announced that it intends to offer and sell, subject to market and other conditions, $40 million of its common stock in an underwritten public offering. Evelo expects to grant the underwriters a 30-day option, solely to cover over-allotments, if any, to... More