Sarepta Therapeutics (SRPT) Prices 6.17M Share Offering at $81/sh

Go back to Sarepta Therapeutics (SRPT) Prices 6.17M Share Offering at $81/sh

Sarepta Therapeutics Announces Pricing of $500 Million Public Offering of Common Stock

October 13, 2021 9:15 PM EDT

CAMBRIDGE, Mass., Oct. 13, 2021 (GLOBE NEWSWIRE) -- Sarepta Therapeutics, Inc. (NASDAQ: SRPT), the leader in precision genetic medicine for rare diseases, today announced that it has priced an underwritten public offering of 6,172,840 shares of its common stock at a price to the public of $81.00 per share. In addition, Sarepta has granted the underwriters a 30-day option to purchase up to an additional 925,926 shares of its common stock on the same terms and conditions as the initial shares sold to the underwriters. Sarepta anticipates the gross proceeds from the offering, before... More