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home / news releases / ABOS - Acumen Pharmaceuticals prices $130M offering

ABOS - Acumen Pharmaceuticals prices $130M offering

Acumen Pharmaceuticals Inc.

2023-07-19 06:45:12 ET

  • Clinical-stage biopharmaceutical company, Acumen Pharmaceuticals ( NASDAQ: ABOS ) prices an upsized underwritten public offering of ~16.77M shares at a price to the public of $7.75 per share.
  • Gross proceeds are expected to be ~$130M.
  • The offering is expected to close on July 21, 2023.
  • Underwriters have a 30-day option to purchase up to an additional ~2.52M shares at the public offering price.

For further details see:

Acumen Pharmaceuticals prices $130M offering
Stock Information
Company Name: Acumen Pharmaceuticals Inc.
Stock Symbol: ABOS
Market: NASDAQ
Website: acumenpharm.com
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