April 6, 2021 6:15pm
Closed up +$0.41 or +0.88% to $47.25
With a negative -$2.45 or -5.19% aftermarket indication to $44.80
IONS intends to offer, subject to market conditions and other factors, $500.0 million aggregate principal amount of Convertible Senior Notes due 2026 in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act").
Ionis also intends to grant the initial purchasers of the notes an option to purchase, within the 13-day period beginning on, and including, the first date on which the notes are issued, up to an additional $75 million principal amount of notes.
52-week’s change: -6.45%
52-week low of $41.42 and a high of $64.37
Cash position: $1.9 billion
Total cash per share: $13.48
Float: 133.93 million shares
Short percentage (%) of float: 7.24%