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Dyne Therapeutics Prices $325.5 Million Common Stock Offering
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Dyne Therapeutics Prices $325.5 Million Common Stock Offering
May 22, 2024 1:39 AM

04:15 AM EDT, 05/22/2024 (MT Newswires) -- Dyne Therapeutics ( DYN ) said late Tuesday it priced an underwritten public offering of 10.5 million common shares at $31 per share for expected gross proceeds of $325.5 million.

The company granted the underwriters a 30-day option to buy up to an additional 1.6 million shares.

The offering is expected to close on or about Friday.

Price: 32.95, Change: +0.32, Percent Change: +0.98

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