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Article: Metabolix Prices 3 Million Common Shares.
- Article from:
- Investrend
- Article date:
- November 12, 2009
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Nov 12, 2009 (FinancialWire via COMTEX) -- (Comment on this article at http://www.financialwire.net/2009/11/12/metabolix-prices-3-million-common-shares/)
November 12, 2009 (FinancialWire) -- Metabolix, Inc. (NASDAQ: MBLX) has priced a public offering of three million newly issued shares of its common stock at $9 per share. Jefferies & Co. (NYSE: JEF) and Thomas Weisel Partners (NASDAQ: TWPG) are the underwriters.
The company will see gross proceeds of around $27 million. Metabolix has granted the underwriters a 30-day option to purchase up to 450,000 additional shares to cover over-allotments. If the underwriters exercise their over-allotment option in ...