Krystal Biotech (KRYS) to Offer $100M in Common Stock

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Krystal Biotech Announces Proposed $100 Million Public Offering of Common Stock

February 2, 2021 4:10 PM EST

PITTSBURGH--(BUSINESS WIRE)-- Krystal Biotech Inc. (NASDAQ: KRYS) (the Company), the leader in redosable gene therapies for rare diseases, today announced that it has commenced a $100 million underwritten public offering of its common stock. The Company intends to grant the underwriters a 30-day option to purchase an additional 15% of the shares of its common stock offered in the public offering. The offering is subject to market and other conditions, and there can be no assurances as to whether or when the offering may be completed, or as to the actual size... More