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home / news releases / editas medicine shares slip after proposing 125m sto

EDIT - Editas Medicine shares slip after proposing $125M stock offering

Editas Medicine Inc.

2023-06-14 16:24:29 ET

  • Editas Medicine ( NASDAQ: EDIT ) plans to sell $125 million worth of stock in an underwritten public offering, the company said Wednesday.

  • The underwriters will have a 30-day option to purchase up to an additional $18.8 million in stock.

  • The company will be selling all the shares in the offering.

  • J.P. Morgan Securities, Cowen and Company, and Evercore Group are acting as joint book-running managers for the offering.

  • Pricing and the number of shares to be offered were not disclosed.

  • Press Release .

  • Shares -5.6% at $10.47 after hours.

For further details see:

Editas Medicine shares slip after proposing $125M stock offering
Stock Information
Company Name: Editas Medicine Inc.
Stock Symbol: EDIT
Market: NASDAQ
Website: editasmedicine.com
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