Insmed (INSM) Prices 12.62M Share Offering at $51.50/sh

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Insmed Announces Pricing of $650 Million Public Offering of Common Stock

May 30, 2024 8:00 AM EDT

BRIDGEWATER, N.J., May 30, 2024 /PRNewswire/ -- Insmed Incorporated (Nasdaq: INSM), a global biopharmaceutical company on a mission to transform the lives of patients with serious and rare diseases, today announced that it priced an underwritten public offering of 12,621,359 shares of its common stock at a price to the public of $51.50 per share. The gross proceeds to... More