Viridian Therapeutics (VRDN) Announces Proposed $150M Share and Warrant Offering

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Viridian Therapeutics Announces Proposed Underwritten Public Offering of Common Stock and Preferred Stock

September 10, 2024 4:01 PM EDT

WALTHAM, Mass.--(BUSINESS WIRE)-- Viridian Therapeutics, Inc. (NASDAQ: VRDN), a biotechnology company focused on discovering and developing potential best-in-class medicines for serious and rare diseases, today announced that it has commenced an underwritten public offering of $150 million of shares of its common stock and Series B non-voting convertible preferred stock. All of the securities to be sold in the underwritten public offering are being offered by Viridian. In addition, Viridian intends to grant the underwriters a 30-day option to purchase up to an additional $22.5 million of shares of its common... More