Mirum Pharmaceuticals, Inc. (MIRM) Prices 2.4M Share Common Offering at $20/Sh

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Mirum Pharmaceuticals Announces Pricing of Public Offering

January 8, 2020 8:15 PM EST

FOSTER CITY, Calif.--(BUSINESS WIRE)-- Mirum Pharmaceuticals, Inc. (Nasdaq: MIRM), a biopharmaceutical company focused on the development and commercialization of novel therapies for debilitating liver diseases, today announced the pricing of its public offering of 2,400,000 shares of its common stock at a price to the public of $20.00 per share. The gross proceeds to Mirum from the offering, before deducting underwriting discounts and commissions and estimated offering expenses, are expected to be $48.0 million.

In addition, Mirum has granted the underwriters a 30-day option to purchase up to an additional 360,000... More