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Evelo Biosciences Inc. (EVLO) Announces $50M Proposed Public Offering of Common Stock

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​Evelo Biosciences Inc. (EVLO) Prices 4.5M Share Common Offering at $15/Sh

January 29, 2021 5:59 AM EST

Evelo Biosciences, Inc. (NASDAQ: EVLO) today announced the pricing of an underwritten public offering of 4,500,000 shares of its common stock, at a public offering price of $15.00 per share, before underwriting discounts and commissions. Evelo also granted the underwriters a 30-day option, solely to cover over-allotments, if any, to purchase up to an additional 675,000 shares of its common stock. The gross proceeds from the offering, before deducting... More