Synlogic prices $45M public offering of 15M shares at $3.00 per share

SYNLOGIC, INC.

Priced underwritten public offering of 15 million shares of common stock at $3.00 per share.
Gross proceeds expected to be $45 million; net proceeds of approximately $42.3 million after discounts.
Underwriters granted 30-day option to purchase up to an additional 2.25 million shares.
Offering expected to close on or about September 27, 2021, subject to customary closing conditions.
Jefferies and SVB Leerink are acting as joint book-running managers; Chardan as lead manager.

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