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Stock impact report

Viridian Therapeutics Announces Pricing of $251 Million Public Offering of Shares of Common Stock

Viridian Therapeutics, Inc. (VRDN) 
Company Research Source: Business Wire
WALTHAM, Mass.--(BUSINESS WIRE)--Viridian Therapeutics, Inc. (NASDAQ: VRDN), a biotechnology company focused on discovering, developing and commercializing potential best-in-class medicines for serious and rare diseases, today announced the pricing of an underwritten public offering of shares of its common stock. Viridian is selling a total of 11,425,000 shares of common stock at a public offering price of $22.00 per share. In addition, Viridian has granted the underwriters a 30-day option to purchase an additional 1,713,750 shares of common stock at the public offering price, less underwriting discounts and commissions. The gross proceeds to Viridian from the offering are expected to be approximately $251,350,000, before deducting underwriting discounts and commissions and offering expenses payable by Viridian and assuming no exercise of the underwriters’ option to purchase additional shares.All of the shares to be sold in the underwritten public offering are being offered by Vir Show less Read more
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