Amylyx (AMLX) Pharmaceuticals announced that it has commenced an underwritten public offering of shares of its common stock. All of the shares of common stock are being offered by Amylyx. Amylyx intends to use the net proceeds from this offering, together with existing cash, cash equivalents and marketable securities, for Avexitide commercial readiness, research and development, and working capital and other general corporate purposes. Leerink Partners and Guggenheim Securities are acting as lead bookrunning managers for the offering. H.C. Wainwright & Co. is acting as lead manager for the offering.
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