T2 Biosystems Announces Pricing of Public Offering of Common Stock

LEXINGTON, Mass., May 31, 2018 (GLOBE NEWSWIRE) — T2 Biosystems, Inc. (NASDAQ:TTOO) today announced the pricing of an underwritten registered public offering of 6,100,000 shares of common stock at a public offering price of $7.50 per share, before underwriting discounts, for gross proceeds of $45,750,000. T2 Biosystems has granted the underwriters a 30-day option to purchase up to an additional 915,000 shares of common stock at the public offering price, less the underwriting discount.  All of the shares of common stock to be sold in the offering will be issued by T2 Biosystems. The offering is expected to close on or about June 4, 2018, subject to customary closing conditions.

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