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CRDF - Cardiff Oncology prices equity offering at $13.50
Cardiff Oncology Inc.
Cardiff Oncology (CRDF) has priced its public offering of 6.5M common shares at $13.50/share, for expected gross proceeds of ~$88M.Underwriters' over-allotment is an additional 975K shares. Net proceeds will be used for development of product candidates, working capital and general corporate purposes.Closing date is October 2.Pipeline and Upcoming Catalysts:CRDF shares have rallied more than 1000% over the past six months. Yesterday's close was $14.01. Shares up 6% after-hours.