Assembly Bio prices USD 100 million follow-on offering at USD 26.5 per share
Assembly Biosciences, Inc.
Assembly Biosciences, Inc. ASMB | 0.00 |
- Assembly Biosciences priced a registered underwritten follow-on offering expected to raise about USD 100 million in gross proceeds.
- Deal includes 3,358,602 common shares priced at USD 26.5, with pre-funded warrants covering up to 415,000 shares priced at USD 26.5 with a USD 0.001 per-share exercise price.
- Underwriters received a 30-day option to buy up to 566,040 additional shares.
- Closing is expected on or about May 26, 2026, subject to customary conditions.
- Net proceeds are slated for clinical development of pipeline candidates, with the balance for general corporate purposes.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Assembly Biosciences Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605220705PRIMZONEFULLFEED9725303) on May 22, 2026, and is solely responsible for the information contained therein.
