Codexis (CDXS) Prices 4.2857M Share Common Offering at $17.50/Sh

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Go back to Codexis (CDXS) Prices 4.2857M Share Common Offering at $17.50/Sh

Codexis Announces Pricing of Public Offering of Common Stock

December 2, 2020 11:10 PM EST

REDWOOD CITY, Calif., Dec. 02, 2020 (GLOBE NEWSWIRE) -- Codexis, Inc. (Nasdaq: CDXS), a leading protein engineering company, today announced the pricing of an underwritten public offering of 4,285,715 shares of its common stock at a public offering price of $17.50 per share. Net proceeds to Codexis from the offering are expected to be approximately $70.2 million after underwriting discounts and commissions and estimated offering expenses. The offering is expected to close on or about December 7, 2020, subject to customary closing conditions. Codexis has granted the underwriters of the offering the right for a period of 30 days to... More