BDTX - Black Diamond Therapeutics proposes $75M stock offering

2023-06-28 16:51:23 ET

• Black Diamond Therapeutics ( NASDAQ: BDTX ) has planned a public offering of its common stock to raise $75 million, the company said Wednesday.

• The underwriters will have a 30-day option to purchase up to an additional $11.25 million in shares.

• The company said it will be selling all of the shares in the proposed offering.

• Details on pricing and the number of shares to be sold in the offering were not disclosed.

• Piper Sandler is acting as the sole bookrunner for the proposed offering.

• Wedbush PacGrow is acting as the lead manager for the proposed offering.

• Press Release .

• Shares -11% at $5.10 after hours.

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