Akero Therapeutics (AKRO) Prices 5.228M Share Common Offering at $36/Sh

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Akero Therapeutics Announces Pricing of Public Offering of Common Stock

July 7, 2020 8:15 PM EDT

SOUTH SAN FRANCISCO, Calif., July 7, 2020 /PRNewswire/ -- Akero Therapeutics, Inc. (Nasdaq: AKRO), a cardio-metabolic non-alcoholic steatohepatitis (NASH) company developing pioneering medicines designed to restore metabolic balance and improve the overall health of NASH patients, announced today the pricing of an underwritten public offering of 5,228,166 shares of its common stock at a public offering price of $36.00 per share, before underwriting discounts and commissions. All of the shares in the offering are to be sold by Akero. In addition, Akero has granted the underwriters a 30-day option to purchase up to an... More