CareDx (CDNA) Prices 1.92M Share Common Offering at $91/Sh

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Go back to CareDx (CDNA) Prices 1.92M Share Common Offering at $91/Sh

CareDx Announces Pricing of Public Offering of Common Stock

January 20, 2021 10:56 PM EST

SOUTH SAN FRANCISCO, Calif., Jan. 20, 2021 (GLOBE NEWSWIRE) -- CareDx, Inc. (Nasdaq: CDNA), a leading precision medicine company focused on the discovery, development and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers, today announced the pricing of an underwritten public offering of 1,923,077 shares of its common stock at a public offering price of $91.00 per share. The gross proceeds to CareDx from this offering, before deducting underwriting discounts and commissions and offering expenses, are expected to be $175,000,007. In addition, CareDx has granted the underwriters a 30 day option to purchase up to 288,461... More