other material
confidence high
sentiment neutral
materiality 0.50
Underwriters partially exercise overallotment option, purchasing 803,654 shares at $6.00
Rallybio Corp
- Underwriters purchased 803,654 additional shares at $6.00 per share, less discounts and commissions.
- Exercise is partial exercise of underwriters' 30-day option from November 10, 2022 underwriting agreement.
- Closing expected on or about December 1, 2022, subject to customary conditions.
- Previously announced offering included 5,000,001 shares and pre-funded warrants for up to 3,333,388 shares.
- Offering made under effective shelf registration statement (File No. 333-266668).