Orchestra BioMed Prices $75 Million Common Stock Offering
MT newswire2026/11/06 09:08Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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05:08 AM EST, 11/06/2026 (MT Newswires) -- Orchestra BioMed (OBIO) priced a public offering of 15 million common shares at $5 apiece, the company said late Thursday. Underwriters have a 30-day option to purchase up to 2.3 million additional shares. The company expects the offering to close Monday and plans to use the net proceeds for clinical programs, research and development, working capital and general corporate purposes.
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