NetworkNewsBreaks - CRISPR Therapeutics (NASDAQ: CRSP) Secures $315.2 Million in Underwritten Public Offering

(NetworkNewsWire via Comtex)

CRISPR Therapeutics (NASDAQ: CRSP), a biopharmaceutical company focused on developing transformative gene-based medicines for serious diseases, has closed an underwritten public offering. According to the update, the offering consisted of 4,887,500 common stock shares, including 637,500 additional shares pursuant to the full exercise of the over-allotment option. CRISPR Therapeutics secured approximately $315.2 million in gross proceeds, with each of the shares sold at the public offering price of $64.50. ROTH Capital Partners acted as co-manager for the offering.

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About CRISPR Therapeutics

CRISPR Therapeutics is a leading gene editing company focused on developing transformative gene-based medicines for serious diseases using its proprietary CRISPR/Cas9 platform. CRISPR Therapeutics AG is headquartered in Zug, Switzerland, with its wholly-owned U.S. subsidiary, CRISPR Therapeutics, Inc., and R&D operations based in Cambridge, Massachusetts, and business offices in London, United Kingdom. For more information, please visit www.CRISPRtx.com.

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