other material
confidence high
sentiment neutral
materiality 0.75
Dyne Therapeutics prices upsized $375M public offering of 18.3M shares at $20.50/share
Dyne Therapeutics, Inc.
- Offering of 18,300,000 shares at $20.50/share; gross proceeds $375.15M.
- Net proceeds estimated at $352.1M, or $405.0M if underwriters' option exercised.
- Underwriters granted 30-day option to purchase up to 2,745,000 additional shares.
- Closing expected July 23, 2026; proceeds extend cash runway into Q2 2028.
- Morgan Stanley, Jefferies, Evercore ISI, LifeSci Capital, Raymond James are joint book-runners.