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Stock impact report

Synlogic Announces Pricing of Public Offering of Common Stock

Synlogic, Inc. (SYBX) 
Last synlogic, inc. earnings: 3/12 04:19 pm Check Earnings Report
Company Research Source: Business Wire
CAMBRIDGE, Mass.--(BUSINESS WIRE)-- Synlogic (Nasdaq: SYBX) a clinical-stage company applying synthetic biology to probiotics to develop novel living medicines, today announced the pricing of its underwritten public offering of 5,130,000 shares of its common stock at a public offering price of $9.75 per share. The gross proceeds to Synlogic from the offering, before deducting the underwriting discounts and commissions and estimated offering expenses payable by Synlogic, are expected to be $50,017,500. All shares of common stock to be sold in the offering are being sold by Synlogic. In addition, Synlogic has granted to the underwriters a 30-day option to purchase up to 769,500 additional shares of common stock at the public offering price, less underwriting discounts and commissions. The offering is expected to close on or about January 26, 2018, subject to the satisfaction of customary closing conditions. Show less Read more
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