Acceleron Announces Closing of Public Offering of Common Stock and Exercise of Underwriters’ Option to Purchase Additional Shares
Acceleron Pharma Inc. (XLRN)
Last acceleron pharma inc. earnings: 2/27 04:05 pm
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US:NASDAQ Investor Relations:
investor.acceleronpharma.com/investor-relations
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Source: Business Wire
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Acceleron Pharma Inc. (Nasdaq: XLRN), a leading biopharmaceutical company in the discovery, development, and commercialization of TGF-beta superfamily therapeutics to treat serious and rare diseases, today announced that it has issued an aggregate of 5,594,593 shares of common stock at a price of $92.50 per share at the closing of the Company’s previously-announced public offering. The aggregate net proceeds to the Company of the public offering, including pursuant to the full exercise of the underwriters’ option to purchase additional shares and after deducting underwriting discounts and commissions and estimated offering expenses, were approximately $492.5 million.J.P. Morgan, SVB Leerink and Cowen acted as joint book-runners for the offering. Barclays, Credit Suisse, and Piper Sandler & Co. also acted as joint book-running managers. H.C. Wainwright & Co. acted as lead manager.The shares were offered by Acceleron pursuant to an effective shelf
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