Solid Biosciences (SLDB) Prices 21.74M Share Common Offering at $5.75/Sh

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Go back to Solid Biosciences (SLDB) Prices 21.74M Share Common Offering at $5.75/Sh

Solid Biosciences Announces Pricing of Public Offering of Common Stock

March 18, 2021 9:14 PM EDT

CAMBRIDGE, Mass., March 18, 2021 (GLOBE NEWSWIRE) -- Solid Biosciences Inc., (Nasdaq: SLDB) a life sciences company focused on advancing meaningful therapies for Duchenne muscular dystrophy (Duchenne), today announced that it has priced an underwritten public offering of 21,739,131 shares of its common stock at a public offering price of $5.75 per share, for total gross proceeds of $125.0 million, before deducting underwriting discounts and commissions and offering expenses. In addition, Solid has granted the underwriters a 30-day option to purchase up to an additional 3,260,869 shares of its common stock on the same terms and conditions.... More