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.
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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