Avidity Biosciences Inc. (RNA) Prices 15.22M Share Offering at $16.50/sh

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Avidity Biosciences Announces Oversubscribed $400 Million Private Placement

February 29, 2024 7:00 AM EST

Funding from new and existing investors, including Adage Capital Partners LP, Boxer Capital, Casdin Capital, LLC, Farallon, Janus Henderson Investors, RA Capital Management, RTW Investments, Wellington Management, as well as multiple large investment management firms

Pro forma cash, cash equivalents and investments expected to provide runway into late 2026

Avidity to host Volume 8 of investor and analyst event series via webcast March 4, 2024, at 8:00 a.m. ET to present AOC 1001 data from MARINA-OLE... More