Editas Medicine Proposes Public Stock Offering; Shares Fall Pre-Bell

MT Newswires Live18:38

Editas Medicine (EDIT) has commenced an underwritten public offering of common stock and pre-funded warrants, along with accompanying warrants to purchase additional shares, the gene editing company said Tuesday.

The company said it has not yet determined the actual size or terms of the offering.

The company's shares were down 18% in recent Tuesday premarket activity.

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