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home / news releases / COGT - Cogent Biosciences prices upsized $100M equity offering


COGT - Cogent Biosciences prices upsized $100M equity offering

Cogent Biosciences (COGT) has priced 10,256,411 common shares at $9.75/share, for gross proceeds of ~$100M (from $60M).Underwriters over-allotment is an additional 1,538,461 shares.Offering is expected to close on December 4. Net proceeds will be used for development, regulatory and commercial preparation activities relating to PLX9486 and other product candidates, as well as for working capital and general corporate purposes.Previously: Cogent Bio launches $60M equity offering, shares down 7% (Nov. 30)

For further details see:

Cogent Biosciences prices upsized $100M equity offering
Stock Information

Company Name: Cogent Biosciences Inc Com
Stock Symbol: COGT
Market: NASDAQ
Website: cogentbio.com

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