T2 Biosystems Announces Proposed Public Offering of Common Stock

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T2 Biosystems (TTOO) Commences 3.5M Share Common Stock Offering

December 1, 2015 4:21 PM EST

T2 Biosystems, Inc. (NASDAQ: TTOO) today announced that it has commenced an underwritten public offering of 3,500,000 shares of its common stock. In addition, T2 Biosystems expects to grant the underwriters a 30-day option to purchase up to an additional 525,000 shares of common stock at the public offering price, less the underwriting discount. All of the shares of the common stock to be sold in the offering will be offered by T2 Biosystems. The offering... More