RTTNews | Dec 8, 2020 10:27AM EST

10:27 Tuesday, December 8, 2020 (RTTNews.com) - Twist Bioscience Corp. (TWST) shares are on a rise on Tuesday morning trade, as the company announced the closing of its underwritten public offering of 3,211,362 shares of its common stock at a public offering price of $110.00 per share.

Twist estimates net proceeds of approximately $323.7 million and will not receive any proceeds from the sale.

Currently, shares are at $147.25, up 12.02 percent from the prior close of $131.45. The shares have traded in a range of $18.52 to $147.92 on average volume of 603,057 for the last 52 weeks.

Read the original article on RTTNews ( https://www.rttnews.com/3151900/stock-alert-twist-bioscience-up-12-closes-upsized-public-offering.aspx)

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