Cogent Biosciences (COGT) Announces Proposed $125M Share Offering
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Cogent Biosciences Announces Proposed Public Offering of Common Stock
June 6, 2023 4:06 PM EDTCAMBRIDGE, Mass. and BOULDER, Colo., June 06, 2023 (GLOBE NEWSWIRE) -- Cogent Biosciences, Inc. (Nasdaq: COGT), a biotechnology company focused on developing precision therapies for genetically defined diseases, today announced that it has commenced an underwritten public offering of $125 million of shares of its common stock. In addition, Cogent has granted the underwriters a 30-day option to purchase up to an additional $18.75 million of shares of its common stock. All of the shares of common stock in the offering are being offered by Cogent.
Cogent intends to use the net proceeds from the offering for... More
