Rhythm Pharmaceuticals (RYTM) Announces Proposed $100M Share Offering
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Rhythm Pharmaceuticals, Inc. Announces Proposed Public Offering
September 14, 2022 4:01 PM EDTBOSTON, Sept. 14, 2022 (GLOBE NEWSWIRE) -- Rhythm Pharmaceuticals, Inc. (Nasdaq: RYTM) (Rhythm), a commercial-stage biopharmaceutical company focused on transforming the lives of patients and their families living with hyperphagia and severe obesity caused by rare melanocortin-4 receptor pathway (MC4R) diseases, today announced a proposed public offering of $100 million of shares of its common stock. All shares in the offering will be offered by Rhythm. In addition, Rhythm intends to grant the underwriters a 30-day option to purchase up to an additional $15 million of shares of common stock at the public offering price, less the... More
