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Rhythm Pharmaceuticals, Inc. Announces Proposed Public Offering of Common Stock
RhythmRhythm(US:RYTM) Globenewswire·2025-07-10 04:16

BOSTON, July 09, 2025 (GLOBE NEWSWIRE) -- Rhythm Pharmaceuticals, Inc. (Nasdaq: RYTM) (“Rhythm”), a global, commercial-stage biopharmaceutical company dedicated to transforming the lives of patients living with rare neuroendocrine diseases, today announced a proposed public offering of 150millionofitscommonstock.AllsecuritiesintheofferingwillbeofferedbyRhythm.Inaddition,Rhythmintendstogranttheunderwritersa30dayoptiontopurchaseuptoanadditional150 million of its common stock. All securities in the offering will be offered by Rhythm. In addition, Rhythm intends to grant the underwriters a 30-day option to purchase up to an additional 22.5 million of shares of comm ...