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RYTM - Rhythm Pharma announces $150M proposed public offering
Rhythm Pharmaceuticals Inc.
Rhythm Pharma (RYTM) announced a proposed public offering of $150M of shares.The company also intends to grant the underwriters a 30-day option to purchase up to an additional $22.5M of shares.Morgan Stanley, BofA Securities, Cowen and Stifel will act as the joint book-running managers for the proposed offering, while Canaccord will act as lead manager.