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BioWorld - Tuesday, April 7, 2026
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Home » Edgewise stock edges higher with an underwritten offering
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Edgewise stock edges higher with an underwritten offering

Jan. 19, 2024
By Lee Landenberger
Edgewise Therapeutics Inc. priced an underwritten offering of 21.8 million shares at $11 each as it looks for about $240 million in gross proceeds to develop its Duchenne and Becker muscular dystrophies treatment. The offering propelled the company’s stock (NASDAQ:EWTX) Jan. 19 to close 34.5% higher at $13.04 each, their highest valuation in the past 12 months.
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