Follow-On Offering

Healthcare
Follow-On Offering

Summary

Baird served as joint-bookrunner on this offering.

About

Exact Sciences Corporation (“Exact” or the “Company”) (NASDAQ: EXAS) recently completed a follow-on offering of 4,000,000 shares of common stock, at a price of $25.75 per share, generating gross proceeds of $103 million. The Company intends to use the net proceeds from the offering to fund expansion of Cologuard® commercialization activities, to fund product development efforts, and for general corporate and working capital.

Exact is a molecular diagnostics company focused on the early detection and prevention of colorectal cancer. The Company has exclusive intellectual property protecting its non-invasive, molecular screening technology for the detection of colorectal cancer. Stool-based DNA technology is included in the colorectal cancer screening guidelines of the American Cancer Society and the U.S. Multi-Society Task Force on Colorectal Cancer. The Company is headquartered in Madison, Wisconsin.

For additional information about this transaction, please contact:

Lance Lange +1 (414) 765-7079
Ryan Mausehund +1 (650) 858-3817
Manish Gupta +1 (414) 765-3802
Vipul Patel +1 (312) 609-4933
Brian Thomas +1 (415) 627-3275
Satoshi Matsumoto +1 (312) 609-5446
Healthcare
Follow-On Offering
Date
December 2014
Company
Exact Sciences Corporation
Transaction
M&A
Sectors
Healthcare
Target Location
North America

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