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Amylyx Pharmaceuticals Launches Stock Offering

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Amylyx Pharmaceuticals Launches Stock Offering

Jan 10, 2025 1:48 AM

04:31 AM EST, 01/10/2025 (MT Newswires) -- Amylyx Pharmaceuticals ( AMLX ) said late Thursday it has commenced an underwritten public offering of common shares.

Amylyx plans to give the underwriter a 30-day option to buy up to an additional 15% of the shares offered.

The company said the proceeds will be used to support commercialization, pipeline programs, working capital and general corporate needs.

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