Date: 2018-01-08
Type of information: Private placement
Company: Bluebird Bio (US - MA)
Investors:
Amount: $651.3 million
Funding type: private placement
Planned used:
Others:
- • On January 8, 2018, bluebird bio announced that it has issued an additional 277,109 shares of common stock at the public offering price of $185 per share, for total gross proceeds of approximately $51.3 million, pursuant to the partial exercise of the underwriters’ over-allotment option in connection with the company’s previously announced public offering of common stock. After giving effect to this exercise of the over-allotment option, the total number of shares sold by bluebird bio in the public offering was 3,520,353 and gross proceeds of the offering were approximately $651.3 million.
- • On December 12, 2017, bluebird bio announced the pricing of an underwritten public offering of 3,243,244 shares of its common stock at a public offering price of $185 per share, before underwriting discounts. In addition, bluebird bio has granted the underwriters a 30-day option to purchase up to an additional 486,486 shares of common stock. All of the shares in the offering are to be sold by bluebird bio.
- bluebird bio anticipates the total gross proceeds from the offering (before deducting underwriters’ discounts and commissions and estimated offering expenses) will be approximately $600 million, excluding any exercise of the underwriters’ option to purchase additional shares.
- • On December 11, 2017, bluebird bio announced that it has commenced an underwritten public offering of $600 million of its common stock. bluebird bio also intends to grant the underwriters a 30-day option to purchase up to an additional fifteen percent (15%) of the shares of common stock offered in the public offering. All of the shares in the proposed offering are to be sold by bluebird bio.
- Goldman Sachs & Co. LLC, BofA Merrill Lynch, J.P. Morgan Securities LLC and Cowen are acting as joint book-running managers of the proposed offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
Therapeutic area: Rare diseases - Genetic diseases
Is general: Yes
