 LOWELL, Mass., July 14, 2021 GLOBE NEWSWIRE -- Rapid Micro Biosystems, Inc. Nasdaq: RPID Rapid Micro, an innovative life sciences technology company providing mission critical automation solutions to facilitate the efficient manufacturing and fast, safe release of healthcare products, today announced the pricing of its initial public offering of 7,920,000 shares of its Class A common stock at a price to the public of 20.00 per share. All of the shares of Class A common stock are being offered by Rapid Micro. The gross proceeds from the offering, before deducting underwriting discounts and commissions and estimated offering expenses payable by Rapid Micro, are expected to be 158.4 million, excluding any exercise of the underwriters option to purchase additional shares. Rapid Micros Class A common stock is expected to begin trading on the Nasdaq Global Select Market under the ticker symbol RPID on July 15, 2021. The offering is expected to close on July 19, 2021, subject to satisfaction of customary closing conditions. In addition, Rapid Micro has granted the underwriters a 30-day option to purchase up to an additional 1,188,000 shares of Rapid Micros Class A common stock at the initial public offering price less the underwriting discounts and commissions. 