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0.0072992700729928 0.0072992700729928 0.0072992700729928 0.0072992700729928 0.0072992700729928 0.0722627737226278 -0.00364963503649627 0.0072992700729928
Stock impact report

Adverum Biotechnologies Announces Closing of $69 Million Public Offering

Adverum Biotechnologies, Inc. (ADVM) 
Last adverum biotechnologies, inc. earnings: 3/12 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: adverum.gcs-web.com/investor-overview
Company Research Source: GlobeNewswire
MENLO PARK, Calif., Feb. 12, 2018 (GLOBE NEWSWIRE) -- Adverum Biotechnologies, Inc. (Nasdaq:ADVM), a clinical-stage gene therapy company targeting unmet medical needs in serious rare and ocular diseases, today announced the closing of its previously announced underwritten public offering of its common stock.  Adverum Biotechnologies sold 10,222,235 shares of its common stock, including 1,333,335 shares pursuant to the full exercise of the underwriters’ option, at a price to the public of $6.75 per share.  The gross proceeds from this offering were $69.0 million, before deducting the underwriting discounts and commissions and estimated offering expenses payable by Adverum Biotechnologies.  All of the shares of common stock were offered by Adverum Biotechnologies. Cowen and Piper Jaffray & Co. acted as joint book-running managers for the offering.  Raymond James acted as lead manager. The shares described above were offered by Adverum Biotechnologies pursuant to a shelf regi Show less Read more
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