BridgeBio Pharma Inc. (BBIO) Announces Proposed $250M Share Offering

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BridgeBio Pharma Announces Proposed Public Offering of Common Stock

March 4, 2024 4:17 PM EST

PALO ALTO, Calif., March 04, 2024 (GLOBE NEWSWIRE) -- BridgeBio Pharma, Inc. (Nasdaq: BBIO) (BridgeBio), a commercial-stage biopharmaceutical company focused on genetic diseases and cancers, announced today that it has commenced an underwritten public offering of $250 million of shares of its common stock. BridgeBio also intends to grant the underwriters a 30-day option to purchase up to an additional $37.5 million of shares of its common stock. All of the shares in the proposed offering are to be sold by BridgeBio.

J.P. Morgan, Cantor Fitzgerald & Co. and Mizuho are acting as joint book-running... More