Alnylam prices stock offer at $13 a share
US firm Alnylam Pharmaceuticals, an RNAi therapeutics focused company, has announced the pricing of a public offering of 5,115,961 shares of its common stock at $13.00 per share. All of the shares are being offered by Alnylam pursuant to its effective shelf registration statement previously filed with the Securities and Exchange Commission. Alnylam has granted a 30-day option to the underwriters to purchase up to 767,394 additional shares of common stock to cover over-allotments, if any.
Morgan Stanley is acting as the sole book runner for the offering, with Banc of America Securities as co-lead manager. Co-managers for the offering are Piper Jaffray, SG Cowen and Rodman & Renshaw.
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