Applied Genetic Technologies (AGTC) Prices 7.5M Share Offering at $1.31/sh

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Go back to Applied Genetic Technologies (AGTC) Prices 7.5M Share Offering at $1.31/sh

AGTC Announces Pricing of Public Offering of Common Stock

March 22, 2022 8:45 AM EDT

GAINESVILLE, Fla., and CAMBRIDGE, Mass., March 22, 2022 (GLOBE NEWSWIRE) -- Applied Genetic Technologies Corporation (Nasdaq: AGTC), a clinical-stage biotechnology company focused on the development and commercialization of adeno-associated virus (AAV)-based gene therapies for the treatment of rare and debilitating diseases with an initial focus on inherited retinal diseases (IRDs), today announced the pricing of its previously announced underwritten public offering of 7,500,000 shares of its common stock for gross proceeds of approximately $9.8 million, before deducting the underwriting discounts and commissions and other estimated offering expenses payable by AGTC. All of the... More