Pacific Bio (PACB) Announces $75M Proposed Public Offering of Common Stock
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Pacific Biosciences of California, Inc. Announces Proposed Public Offering of Common Stock
August 11, 2020 4:31 PM EDTMENLO PARK, Calif., Aug. 11, 2020 (GLOBE NEWSWIRE) -- Pacific Biosciences of California, Inc. (Nasdaq: PACB) today announced that it intends to offer and sell $75.0 million of shares of its common stock in an underwritten public offering. Pacific Biosciences also intends to grant the underwriters a 30-day option to purchase up to an additional $11.25 million of shares of its common stock at the public offering price, less underwriting discounts and commissions. The offering is subject to market and other conditions and there can be no assurance as to whether or when the... More
