03:50 AM EDT, 09/26/2024 (MT Newswires) -- Wave Life Sciences ( WVE ) said late Wednesday it has priced a public offering of 23.1 million shares at $8 each and pre-funded warrants to purchase up to 1.9 million shares at $7.9999 per warrant.

Gross proceeds are expected to total $200 million, the company said.

Wave Life Sciences ( WVE ) also granted underwriters a 30-day option to purchase up to 3.8 million additional shares.

The offering is expected to close on Friday.

Price: 9.10, Change: +0.09, Percent Change: +1.00