Exact Sciences (EXAS) Completes Common Stock Offering
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Exact Sciences Corp. (Nasdaq: EXAS) completed its previously announced underwritten public offering of its common stock at a price of $9.75 per share to the public.
Due to the exercise in full of the underwriters’ over-allotment option, the company sold a total of 6,325,000 shares of common stock in the offering for aggregate gross proceeds of approximately $61.7 million and received approximately $ 57.8 million of net proceeds from the offering, after deducting the underwriting discount and estimated expenses of the offering payable by the company.
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Due to the exercise in full of the underwriters’ over-allotment option, the company sold a total of 6,325,000 shares of common stock in the offering for aggregate gross proceeds of approximately $61.7 million and received approximately $ 57.8 million of net proceeds from the offering, after deducting the underwriting discount and estimated expenses of the offering payable by the company.
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