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Biotech / Medical : Kosan BioSciences -- KOSN

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To: hmpa who wrote (668)3/30/2006 1:30:06 PM
From: tuck  Read Replies (1) of 933
 
5 million share offering at $5:

>>HAYWARD, Calif., March 30 /PRNewswire-FirstCall/ -- Kosan Biosciences Incorporated (Nasdaq: KOSN - News) today announced the pricing of an offering of 5,000,000 shares of common stock at a price of $5.00 per share. All of the shares are being offered by Kosan. The underwriters have an option to purchase up to an additional 750,000 shares to cover over-allotments, if any. The offering is expected to close on April 4, 2006.

Credit Suisse Securities (USA) LLC is acting as sole bookrunner and Cowen & Co., LLC is acting as co-lead manager of the offering.<<

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Cheers, Tuck
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