Insmed Plans $500 Million Public Offering-February 2024-www.financetom.com

Insmed Plans $500 Million Public Offering

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Insmed Plans $500 Million Public Offering

May 29, 2024 12:59 AM

03:44 AM EDT, 05/29/2024 (MT Newswires) -- Insmed ( INSM ) said late Tuesday it plans to sell $500 million of common stock in a public offering.

The biopharmaceutical company also said it plans to give the offering's underwriters a 30-day option to up to 15% worth of additional shares.

Price: 48.00, Change: -0.06, Percent Change: -0.12

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