Pacific Bio (PACB) Announces Proposed $150M Share Offering

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Pacific Biosciences of California, Inc. Announces Proposed Public Offering of Common Stock

January 24, 2023 4:05 PM EST

MENLO PARK, Calif., Jan. 24, 2023 /PRNewswire/ -- Pacific Biosciences of California, Inc. (Nasdaq: PACB) ("PacBio") today announced that it intends to offer and sell $150.0 million of shares of its common stock in an underwritten public offering. PacBio also intends to grant the underwriters a 30-day option to purchase up to an additional $22.5 million of shares of its common stock, at the public offering price, less underwriting discounts and commissions. The proposed offering is subject... More