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home / news releases / ETNB - 89bio prices $275M stock offering

ETNB - 89bio prices $275M stock offering

89bio Inc.

2023-03-24 08:12:28 ET

  • 89bio ( NASDAQ: ETNB ) has priced an underwritten public offering of 16,923,077 shares of its common stock at $16.25/share.
  • In addition, the underwriters have been granted a 30-day option to purchase up to an additional 2,538,461 shares.
  • Gross proceeds are expected to be ~$275M.
  • The offering is expected to close on or about March 28, 2023.

For further details see:

89bio prices $275M stock offering
Stock Information
Company Name: 89bio Inc.
Stock Symbol: ETNB
Market: NYSE
Website: 89bio.com
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