4D Molecular Therapeutics Inc. (FDMT) Prices 4.75M Share Offering at $25/sh

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4D Molecular Therapeutics Announces Pricing of Public Offering of Common Stock

October 28, 2021 9:07 PM EDT

EMERYVILLE, Calif., Oct. 28, 2021 (GLOBE NEWSWIRE) -- 4D Molecular Therapeutics, Inc. (Nasdaq: FDMT), a clinical-stage gene therapy company harnessing the power of directed evolution for targeted gene therapies, announced today that it priced an underwritten public offering of 4,750,000 shares of its common stock at a public offering price of $25.00 per share. The gross proceeds from the offering are expected to be approximately $118.8 million before deducting underwriting discounts and commissions and other offering expenses. In addition, 4D Molecular Therapeutics has granted the underwriters a 30-day option to purchase up to an additional 712,500... More