Fulcrum therapeutics announces closing of public offering of common stock and full exercise by underwriters of option to purchase additional shares

Cambridge, mass., jan. 22, 2021 (globe newswire) -- fulcrum therapeutics, inc. (nasdaq: fulc), a clinical-stage biopharmaceutical company focused on improving the lives of patients with genetically defined rare diseases, today announced closing of its previously announced underwritten public offering of 4,600,000 shares of its common stock at a public offering price of $11.00 per share, which includes 600,000 shares issued upon the exercise in full by the underwriters of their option to purchase additional shares at the public offering price, less underwriting discounts and commissions. the total gross proceeds of the offering were $50.6 million, before deducting underwriting discounts and commissions and offering expenses payable by fulcrum. all of the shares in the offering were sold by fulcrum.
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