Stoke Therapeutics Inc. (STOK) Prices 2.5M Share Common Offering at $39/Sh

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Go back to Stoke Therapeutics Inc. (STOK) Prices 2.5M Share Common Offering at $39/Sh

Stoke Therapeutics Announces Pricing of $97.5 Million Public Offering

November 19, 2020 7:00 PM EST

BEDFORD, Mass.--(BUSINESS WIRE)-- Stoke Therapeutics, Inc. (Nasdaq: STOK), a biotechnology company pioneering a new way to treat the underlying cause of genetic diseases by precisely upregulating protein expression, today announced the pricing of an underwritten public offering of 2,500,000 shares of its common stock at a price to the public of $39.00 per share. The gross proceeds from this offering are expected to be $97.5 million, before deducting underwriting discounts and commissions and other offering expenses payable by Stoke. The offering is expected to close on or about November 24, 2020, subject to the satisfaction of... More