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Guardant Health launches underwritten public offering common shares

Redwood City, Calif.-based Guardant Health Inc. launched an underwritten public offering of 4.5 million common shares.

The company also plan to grant the underwriters a 30-day option to purchase an additional 675,000 common shares.

J.P. Morgan Securities LLC and Bank of America Merrill Lynch are serving as joint lead book-running managers for the proposed offering.