Metabolix Prices Common Stock Offering of 6.2M Shares at $7.25 per Share

Metabolix, Inc. MBLX today announced that it has priced a public offering of 6,200,000 newly issued shares of its common stock at a public offering price of $7.25 per share. The gross proceeds to Metabolix, before underwriting discounts and commissions and other offering expenses, from the sale of the shares are expected to be approximately $44.9 million. J.P. Morgan Securities LLC is serving as the sole book-running manager and Stifel Nicolaus Weisel is serving as the co-manager for this offering.