|[January 29, 2014]
Dicerna Announces Pricing of Initial Public Offering
WATERTOWN, Mass. --(Business Wire)--
Dicerna Pharmaceuticals, Inc. (NASDAQ: DRNA) today announced the pricing
of its initial public offering of 6,000,000 shares of common stock at a
public offering price of $15.00 per share, before underwriting
discounts. In addition, Dicerna has granted the underwriters a 30-day
option to purchase up to an additional 900,000 shares of common stock
from Dicerna at the public offering price, before underwriting
discounts. The offering is expected to close on February 4, 2014,
subject to customary closing conditions. Dicerna's common stock has been
approved for listing on the NASDAQ Global Select Market and is expected
to begin trading under the ticker symbol "DRNA" on January 30, 2014.
Jefferies LLC, Leerink Partners LLC, and Stifel, Nicolaus & Company,
Incorporated are acting as joint book-running managers for the offering.
Robert W. Baird & Co. Incorporated is acting as co-lead manager for the
A registration statement relating to these securities was declared
effective by the Securities and Exchange Commission on January 29, 2014.
The offering will be made only by means of a prospectus. A copy of the
final prospectus relating to these securities will be filed with the SEC (News - Alert)
and may be obtaine from Jefferies LLC, Attention: Equity Syndicate
Prospectus Department, 520 Madison Avenue, 12th Floor, New York, NY
10022, or by email at Prospectus_Department@Jefferies.com,
or by phone at 877-547-6340; Leerink Partners LLC, Attention: Syndicate
Department, One Federal Street, 37th Floor, Boston, MA 02110, or by
email at Syndicate@Leerink.com,
or by phone at 800-808-7525; or Stifel, Nicolaus & Company,
Incorporated, Attention: Syndicate, One Montgomery Street, Suite 3700,
San Francisco, CA (News - Alert) 94104, or by phone at 405-364-2720.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of, these
securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
About Dicerna Pharmaceuticals, Inc.
Dicerna is a biopharmaceutical company focused on the discovery and
development of innovative treatments for rare inherited diseases
involving the liver and for cancers that are genetically defined.
Dicerna is using its proprietary RNA interference (RNAi) technology
platform to build a broad pipeline in these therapeutic areas and
intends to discover, develop and commercialize novel therapeutics either
on its own or in collaboration with pharmaceutical partners.
Cautionary Note on Forward-Looking Statements
This press release includes forward-looking statements, including
statements relating to the anticipated closing of the initial public
offering. Such forward-looking statements are subject to risks and
uncertainties that could cause actual results to differ materially from
those expressed or implied in such statements. Applicable risks and
uncertainties include those identified under the heading "Risk Factors"
included in the prospectus related to the initial public offering, and
in other filings that Dicerna may make with the SEC in the future. The
forward-looking statements contained in this press release reflect
Dicerna's current views with respect to future events, and Dicerna does
not undertake and specifically disclaims any obligation to update any
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