other material
confidence high
sentiment neutral
materiality 0.75
Twist Bioscience prices upsized $300M public offering of common stock at $96/share
Twist Bioscience Corp
- Offering of 3,125,000 shares at $96.00 per share; underwriters' option for 468,750 additional shares exercised in full.
- Net proceeds expected to be approximately $327.1 million after underwriting discounts and expenses.
- Offering upsized from originally proposed $250 million to $300 million; expected to close August 6, 2026.
- Proceeds to fund R&D, manufacturing capacity expansion, product offerings, and working capital.
- Joint book-running managers: Goldman Sachs, William Blair, Leerink Partners, Guggenheim Securities.