CAMBRIDGE, Mass.--(BUSINESS WIRE)--Acceleron Pharma, Inc. (NASDAQ:XLRN) today announced the closing of its initial public offering of 6,417,000 shares of common stock, including 837,000 shares of common stock issued upon the exercise in full by the underwriters of their option to purchase additional shares to cover over-allotments, at a public offering price of $15.00 per share, before underwriting discounts. Separately, in a concurrent, side-by-side private placement, Acceleron’s collaboration partner, Celgene Corporation (NASDAQ:CELG), purchased 666,667 shares of common stock from Acceleron at the public offering price. Including the private placement to Celgene, the aggregate net proceeds to the Company, after underwriting discounts and commissions and other estimated offering expenses, were approximately $96.7 million.
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