EXACT Sciences Corporation Announces Successful Completion of Public Offering of Common Stock

MADISON, Wis.--(BUSINESS WIRE)--Exact Sciences Corp. (Nasdaq: EXAS) today announced that it has completed its previously announced underwritten public offering of its common stock at a price of $8.00 per share to the public.

Due to the exercise in full of the underwriters’ over-allotment option, the company sold a total of 3,593,750 shares of common stock in the offering for aggregate gross proceeds of $28.8 million and received approximately $27.1 million of net proceeds from the offering, after deducting the underwriting discount and estimated expenses of the offering payable by the company. Robert W. Baird & Co. Incorporated acted as sole book-running manager in the offering and William Blair & Company, L.L.C. acted as co-manager for the offering.

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