Exact Sciences (NASDAQ: EXAS) announced on Wednesday that it’s using the recent increase in its stock price to raise additional money from investors. Specifically, the company is offering 7 million shares at a price of $35 per share, plus an overallotment option for another 1.05 million shares. If the entire offering goes off without a hitch, it should raise $281 million in cash for the company, gross of any underwriting fees.