AVROBIO Inc. (AVRO) Prices 5M Share Common Offering at $15/Sh

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Go back to AVROBIO Inc. (AVRO) Prices 5M Share Common Offering at $15/Sh

AVROBIO Announces Pricing of Underwritten Public Offering of $75 Million of Common Stock

November 19, 2020 10:06 PM EST

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- AVROBIO, Inc. (NASDAQ: AVRO), a leading clinical-stage gene therapy company, today announced the pricing of an underwritten public offering of 5,000,000 shares of its common stock at a public offering price of $15.00 per share. Gross proceeds from the underwritten public offering will total approximately $75 million, before deducting underwriting discounts and commissions and other offering expenses payable by the company. In addition, the company has granted the underwriters a 30-day option to purchase up to 750,000 additional shares of its common stock at the public offering price, less underwriting... More