Exact prices its secondary offering

Apr. 04, 2014 9:49 AM ETExact Sciences Corporation (EXAS) StockBy: Douglas W. House, SA News Editor
  • Exact Sciences (NASDAQ:EXAS +5.5%) offers 10M shares of common stock at $12.75/share to the public. ~$119.7M net proceeds will fund regulatory approval and commercial activities for Cologuard, other product development efforts and general corporate uses.
  • Underwriters over-allotment is 1.5M shares.
  • Closing date is April 9.
  • 221 mutual funds have positions, up from 219 last year.

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