Caredx announces pricing of public offering of common stock

South san francisco, calif., jan. 20, 2021 (globe newswire) -- caredx, inc. (nasdaq: cdna), a leading precision medicine company focused on the discovery, development and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers, today announced the pricing of an underwritten public offering of 1,923,077 shares of its common stock at a public offering price of $91.00 per share. the gross proceeds to caredx from this offering, before deducting underwriting discounts and commissions and offering expenses, are expected to be $175,000,007. in addition, caredx has granted the underwriters a 30 day option to purchase up to 288,461 additional shares of its common stock offered in the public offering on the same terms and conditions. the offering is expected to close on or about january 25, 2021, subject to the satisfaction of customary closing conditions.
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