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Article: Human Genome Sciences Announces Proposed Public Offering of Common Stock.
- Article from:
- PR Newswire
- Article date:
- July 27, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ROCKVILLE, Md., July 27 /PRNewswire/ -- Human Genome Sciences, Inc. today announced that it has commenced an underwritten public offering of up to 18,000,000 shares of its common stock. The Company intends to grant the underwriters a 30-day option to purchase up to an additional 2,700,000 shares of the Company's common stock. The shares will be issued pursuant to a prospectus supplement filed as part of a shelf registration statement previously filed with the Securities and Exchange Commission on Form S-3.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080416/HGSLOGO )
The Company intends to use net proceeds from the offering for general corporate ...