Sangamo BioSciences (SGMO) Hurt By Share Pricing
October 7, 2009 · Filed Under General
Sangamo BioSciences (SGMO) is down 9 to $7.30% after it announced the pricing of a public offering of 3,000,000 shares of its common stock. The offering is expected to close on or about October 13, 2009, subject to the satisfaction of customary closing conditions. In addition, Sangamo has granted the underwriter a 30-day option to purchase up to an additional 450,000 shares of common stock to cover over-allotments, if any.
Douglas A. McIntyre
