Apellis Pharmaceuticals (APLS) Prices 9.5M Share Offering at $37/Sh

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Apellis Pharmaceuticals Announces Pricing of Public Offering of Common Stock

January 8, 2020 9:31 PM EST

WALTHAM, Mass., Jan. 08, 2020 (GLOBE NEWSWIRE) -- Apellis Pharmaceuticals, Inc. (Nasdaq: APLS), a global biopharmaceutical company pioneering targeted C3 therapies, today announced the pricing of its underwritten public offering of 9.5 million shares of its common stock at a public offering price of $37.00 per share, for total gross proceeds of $351.5 million, before deducting underwriting discounts and commissions and expenses payable by Apellis. All of the shares in the offering are being sold by Apellis. In addition, Apellis has granted the underwriters a 30-day option to purchase up to 1.425 million additional shares of... More