Momenta Phama (MNTA) Announces Proposed $200M Share Common Offering

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Go back to Momenta Phama (MNTA) Announces Proposed $200M Share Common Offering

Momenta Pharmaceuticals Announces Proposed Public Offering of Common Stock

December 10, 2019 4:04 PM EST

CAMBRIDGE, Mass., Dec. 10, 2019 (GLOBE NEWSWIRE) -- Momenta Pharmaceuticals, Inc. (Nasdaq: MNTA) today announced that it is commencing an underwritten registered public offering of $200,000,000 of shares of its common stock. Momenta also expects to grant the underwriters of the offering an option to purchase up to an additional $30,000,000 of shares of its common stock, exercisable for 30 days. All of the shares in the proposed offering are to be sold by Momenta.

Goldman Sachs & Co. LLC and J.P. Morgan are acting as joint lead book-running managers for the offering. Stifel is acting as a... More