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ARTICLE | Financial News

MyoKardia raises $57M in follow-on

September 28, 2016 7:00 AM UTC

MyoKardia Inc. (NASDAQ:MYOK) raised $57 million on Wednesday through the sale of 3.8 million shares at $15 in a follow-on underwritten by Credit Suisse, Cowen, BMO Capital Markets and Wedbush PacGrow.

The price represents a 6% discount to MyoKardia's closing price Monday of $15.88, when the company announced the offering after market hours. It is a 28% discount to MyoKardia's closing price of $20.88 on Sept. 16, when it filed for the offering. ...