Editas Medicine (EDIT) Announces 3.5M Share Offering of Common Stock

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Editas Medicine Announces Offering of Common Stock

January 19, 2021 4:01 PM EST

CAMBRIDGE, Mass., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Editas Medicine, Inc. (Nasdaq: EDIT), a leading gene editing company, today announced that it intends to offer and sell 3,500,000 shares of its common stock in an underwritten public offering. Editas Medicine intends to grant the underwriters a 30-day option to purchase up to an additional 525,000 shares of its common stock. All of the shares in the offering are to be sold by Editas Medicine.

J.P. Morgan and Morgan Stanley are acting as joint book-running managers for the offering. Cowen and Credit... More