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Rhythm Pharmaceuticals to Offer $150 Million in Common Stock

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Rhythm Pharmaceuticals to Offer $150 Million in Common Stock

Jul 9, 2025 1:55 PM

04:37 PM EDT, 07/09/2025 (MT Newswires) -- Rhythm Pharmaceuticals ( RYTM ) said late Wednesday it plans to offer $150 million of common stock.

The company also plans to offer the underwriters a 30-day option to buy up to $22.5 million of additional shares.

Shares of the company were down 1.7% in recent after-hours activity.

Price: 87.50, Change: -1.50, Percent Change: -1.69

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