Microsoft Corp MSFT:NASDAQ

Last Price$261.50NASDAQ Previous Close - Last Trade as of 4:00PM ET 5/16/22

Today's Change+0.38(0.15%)
Bid (Size)$261.28 (1)
Ask (Size)$261.34 (3)
Day Low / High$255.78 - 265.82
Volume32.6 M

Epizyme Prices Stock Offering at $1.50 Per Share

3:27AM ET 1/27/2022 MT Newswires
Epizyme (EPZM) said Thursday it has priced an underwritten public offering of 56.7 million shares at $1.50 per share for expected gross proceeds of roughly $85 million.

The underwriters have been granted a 30-day option to purchase up to 8.5 million additional shares

The company intends to use the net proceeds to fund drug development and commercialization costs and for working capital and other general corporate purposes.

Closing of the offering is expected to occur on Jan. 31, subject to customary closing conditions.

Shares fell nearly 24% to $1.45 in after-hours trading on Wednesday.

Price: 1.45, Change: -0.45, Percent Change: -23.68