Dyax Corp. Closes $230 Million Public Offering Of Common Stock

BURLINGTON, Mass.--(BUSINESS WIRE)--Dyax Corp. (NASDAQ: DYAX) today announced the closing of an underwritten registered public offering of 8,510,000 shares of its common stock at a price to the public of $27.00 per share. The shares of common stock issued in the offering included 1,110,000 shares of common stock issued upon the exercise in full by the underwriters of their option to purchase additional shares. The net proceeds from the offering were approximately $215,783,800 million, after deducting the underwriting discount and estimated offering expenses payable by the Company.

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