Sarepta raises $126.8M in follow-on

Sarepta Therapeutics Inc. (NASDAQ:SRPT) raised $126.8 million through the sale of 3.3 million shares at $39 in a follow-on underwritten by Credit Suisse; Morgan Stanley; Needham; Oppenheimer; Robert W. Baird; Roth Capital Partners; and William Blair. Sarepta proposed the offering on Monday after market close, when its shares were valued at $41.79. The company lost $3.79 to $38 on Tuesday. ...