T2 Biosystems Prices 3.5M Shares Offering @$9.75/Share

T2 Biosystems, Inc. TTOO today announced the pricing of its underwritten public offering of 3,500,000 shares of common stock at a public offering price of $9.75 per share, before underwriting discounts, for gross proceeds of $34,125,000. In addition, T2 Biosystems has granted the underwriters a 30-day option to purchase up to an additional 525,000 shares of common stock at the public offering price, less the underwriting discount. All of the shares of the common stock to be sold in the offering will be offered by T2 Biosystems. The offering is expected to close on or about December 9, 2015, subject to customary closing conditions. Goldman, Sachs & Co. is acting as the book-running manager for the offering. Additional underwriters include Leerink Partners LLC, Canaccord Genuity Inc. and Cantor Fitzgerald & Co. A shelf registration statement relating to these securities has been filed with the Securities and Exchange Commission and was declared effective on September 22, 2015. The securities described above have not been qualified under any state blue sky laws. This offering is being made solely by means of a written prospectus and prospectus supplement that See full press release
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