January 15, 2019 8:11pm
ALNY closed down -$3.57 or -4.25% to $80.45 after closing down -$5.10 on Monday
The gross proceeds to ALNY from the offering, before deducting the underwriting discounts and commissions and other estimated offering expenses, are expected to be approximately $387.5 M.
Shares outsyanding: 101.03 M
Float: 89.53 M
Shares short (12/30/18): 13.38%
Current cash position: $1.24 B
Debt: $30 M
Revenue: $91.81 M
Revenue per share: $0.92
%0 day moving average: $76.39
200 day moving average: $76.39
% held by insiders: 11.36%
% held by institutions: 90.57%
The offering is expected to close on or about 1/17/19, subject to the satisfaction of customary closing conditions.
Alnylam has also granted the underwriter a 30-day option to purchase up to an additional 750 K shares of its common stock solely to cover over-allotments. All of the shares in the offering are to be sold by Alnylam.
Barclays Capital Inc. is acting as sole book-running manager for the offering.