Biodesix Announces Pricing of Oversubscribed Shares Offering at $1.15 Apiece

Friday, 5 April 2024, 11:33

Biodesix has successfully priced its shares offering at $1.15 apiece, expecting gross proceeds of $55M. The offering was oversubscribed, highlighting investor confidence in the company's potential.

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Biodesix Prices Oversubscribed Shares Offering

Biodesix, a renowned company in the biotechnology sector, has disclosed the pricing details of its recent shares offering.

Key Details:

Oversubscribed Offering: The offering received an overwhelming response from investors, surpassing the initial expectations.
Concurrent Private Placement: Biodesix also announced a private placement as part of the offering process.

The pricing of shares at $1.15 apiece reflects a strategic move by the company to raise substantial funds for its growth and development.

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