trending Market Intelligence /marketintelligence/en/news-insights/trending/ZgP852bYfxXw5udYaUuf9Q2 content esgSubNav
In This List

Achaogen closes common stock offering

Blog

Insight Weekly: US stock performance; banks' M&A risk; COVID-19 vaccine makers' earnings

Blog

Global M&A By the Numbers: Q3 2021

Blog

Post-webinar Q&A: Global Credit Risk Trends 2021 and Beyond

Blog

University Essentials: From Crisis to Resilience – Navigating Sustainable Recovery


Achaogen closes common stock offering

Achaogen Inc. closed its underwritten public offering of 7,475,000 shares priced at $13.50 per share.

The shares sold include the full exercise of the underwriters' option to buy up to an additional 975,000 shares.

The offering generated gross proceeds of about $100.9 million, with net proceeds of about $94.5 million, less underwriting discounts and commissions and estimated offering expenses.

Leerink Partners LLC, Stifel and Guggenheim Securities LLC were joint book runners, while SunTrust Robinson Humphrey Inc. was the lead manager for the offering.