Assembly Biosciences Raises $100M

Assembly Biosciences raises $100M in equity offering Assembly Biosciences has priced an underwritten offering of about 3.36M common shares at $26.50 per share. The company is also offering pre-funded warrants to purchase up to 415,000 additional shares for certain inv

Assembly Biosciences raises $100M in equity offering

Assembly Biosciences has priced an underwritten offering of about 3.36M common shares at $26.50 per share.

The company is also offering pre-funded warrants to purchase up to 415,000 additional shares for certain investors.

The offering is expected to generate $100M in proceeds for the company.

The exact use of the proceeds was not specified in the announcement.

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