Insmed (INSM) Prices 9.7M Common Stock Offering at $23.25/sh
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Insmed Announces Pricing of Public Offering of Common Stock
May 5, 2020 8:00 AM EDTBRIDGEWATER, N.J., May 5, 2020 /PRNewswire/ --Â Insmed Incorporated (Nasdaq: INSM) announced today that it priced a registered underwritten public offering of 9,700,000 shares of its common stock at a price to the public of $23.25 per share. The gross proceeds to Insmed from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Insmed, are expected to be approximately $225.5 million. In addition, Insmed has granted the underwriters a 30-day option to purchase up to an additional 1,455,000 shares of common stock.
Insmed intends to use its net proceeds from this... More
Insmed Announces Proposed Public Offering of Common Stock
May 4, 2020 4:01 PM EDTBRIDGEWATER, N.J., May 4, 2020 /PRNewswire/ --Â Insmed Incorporated (Nasdaq: INSM) announced today that it intends to offer and sell shares of its common stock in an underwritten public offering. In addition, Insmed intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering. All of the shares to be sold in the offering are to be sold by Insmed. The offering is subject to market and other conditions, and there can be no... More
