Affymax prices underwritten open public offering of common stock Affymax.

Affymax prices underwritten open public offering of common stock Affymax, Inc. , today announced the pricing of an underwritten open public offering of 8,474,576 shares of its common stock at a cost to the public of $5.90 per share. The gross proceeds to Affymax out of this offering are anticipated to be approximately $50.0 million, before deducting underwriting discounts and commissions and other estimated offering expenses. The offering is expected to close on or about March 23, 2011, at the mercy of customary closing conditions. Affymax in addition has granted the underwriters a 30-day substitute for purchase up to 1 1,271,186 extra shares of common stock to cover over-allotments, if any. All the shares in the offering are to be sold by Affymax.You will see a special late night opening on the 26th September and Thursday 3rd October until 8pm. The benefits of this extensive research are huge; from helping to design surgical procedures to enhancing our ability to evaluating the outcomes of medical procedures. There are potential wider benefits as well, for example in law enforcement and forensics work. We hope as many folks as possible will get some time to pop in, have a quick picture taken and become part of the revolutionary work.