Momenta Phama (MNTA) Prices 14.516M Share Common Offering at $15.50/Sh

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Go back to Momenta Phama (MNTA) Prices 14.516M Share Common Offering at $15.50/Sh

Momenta Pharmaceuticals Announces Pricing of Public Offering of Common Stock

December 12, 2019 8:00 AM EST

CAMBRIDGE, Mass., Dec. 12, 2019 (GLOBE NEWSWIRE) -- Momenta Pharmaceuticals, Inc. (Nasdaq: MNTA) today announced the pricing of its underwritten public offering of 14,516,130 shares of its common stock at the public offering price of $15.50 per share for total gross proceeds to Momenta of approximately $225.0 million. Momenta has granted the underwriters an option to purchase up to an additional 2,177,419 shares of its common stock, exercisable for 30 days. 

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