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Stock impact report

Solid Biosciences Announces Closing of Initial Public Offering and Full Exercise of Underwriters’ Overallotment Option

Solid Biosciences Inc. (SLDB) 
Last solid biosciences inc. earnings: 8/14 07:25 am Check Earnings Report
US:NASDAQ Investor Relations: investors.solidbio.com/investor-relations
Company Research Source: GlobeNewswire
CAMBRIDGE, Mass., Jan. 30, 2018 (GLOBE NEWSWIRE) -- Solid Biosciences Inc. (NASDAQ:SLDB) (the “Company” or “SLDB”), announced today the closing of its initial public offering of 8,984,375 shares of its common stock, sold by the Company at a public offering price of $16.00 per share. This includes the exercise in full by the underwriters of their overallotment option to purchase up to 1,171,875 additional shares of common stock from the Company at the same price. Including the proceeds from the sale of these additional shares, the Company received total net proceeds of approximately $133.7 million from the offering, after deducting the underwriting discounts and commissions, but before deducting estimated offering expenses. J.P. Morgan, Goldman Sachs & Co. LLC and Leerink Partners acted as joint book-running managers of the offering, and Nomura and Chardan acted as co-managers for the offering. The offering was made only by means of a prospectus. Copies of the final prospectus rel Show less Read more
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