Myriad Genetics (MYGN) Announces Proposed $100M Share Offering

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Myriad Genetics Announces Proposed Offering of $100 Million of Shares of Common Stock

November 8, 2023 4:10 PM EST

SALT LAKE CITY, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN) (the Company or Myriad Genetics), a leader in genetic testing and precision medicine, today announced that it plans to make a public offering of $100.0 million of shares of its common stock, par value $0.01 per share (common stock), in an underwritten registered public offering. The Company also expects to grant the underwriters a 30-day option to purchase up to $15.0 million of additional shares of its common stock. The offering is subject to market and other conditions, and there can be no... More