Avidity Biosciences Inc. (RNA) Announces $100M Proposed Public Offering of Common Stock
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Avidity Biosciences, Inc. Announces Proposed Public Offering of Common Stock
August 2, 2021 4:01 PM EDTLA JOLLA, Calif., Aug. 2, 2021 /PRNewswire/ -- Avidity Biosciences, Inc. (Nasdaq: RNA), a biopharmaceutical company committed to delivering a new class of RNA therapeutics called Antibody Oligonucleotide Conjugates (AOCs), today announced that it intends to offer and sell, subject to market and other conditions, $100 million of shares of its common stock in an underwritten public offering. In addition, Avidity intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering. All of the shares... More
