Beam Therapeutics Inc. (BEAM) Prices 5M Share Common Offering at $23.50/Sh

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Beam Therapeutics Announces Pricing of Public Offering of Common Stock

September 30, 2020 8:46 PM EDT

CAMBRIDGE, Mass., Sept. 30, 2020 (GLOBE NEWSWIRE) -- Beam Therapeutics Inc. (Nasdaq: BEAM), a biotechnology company developing precision genetic medicines through base editing, today announced the pricing of its public offering of 5,000,000 shares of common stock at a public offering price of $23.50 per share. All of the shares are being offered by Beam Therapeutics. In addition, Beam Therapeutics has granted the underwriters a 30-day option to purchase up to an additional 750,000 shares of common stock at the public offering price, less the underwriting discounts and commissions.

The gross proceeds of the offering, before deducting... More