- cafead Dec 15, 2022 at 11:22: AM
via And just like other companies, Avidity Biosciences is going for a raise after a positive data readout.
The biotech announced just one day after revealing some positive preliminary data that it was asking investors for $150 million via a public raise. It kept its statement short, saying that it plans to offer the $150 million worth of shares in common stock and give underwriters 30 days to grab an additional 15% on top of what’s in the public offering.
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The biotech announced just one day after revealing some positive preliminary data that it was asking investors for $150 million via a public raise. It kept its statement short, saying that it plans to offer the $150 million worth of shares in common stock and give underwriters 30 days to grab an additional 15% on top of what’s in the public offering.
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