Fractyl Health Prices $60 Million Offering; Shares Rise Pre-Bell

MT Newswires Live

09/26

Fractyl Health (GUTS) said Friday it has priced an underwritten offering of 60 million shares at $1 per share for gross proceeds of about $60 million.

The offering is expected to close around Sept. 29.

Shares of the company rose more than 25% in Friday's premarket activity.

Price: 1.27, Change: +0.26, Percent Change: +25.74

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