IDYA - IDEAYA Biosciences up 3% prices $175M offering
2023-04-25 09:17:44 ET
- IDEAYA Biosciences ( NASDAQ: IDYA ) prices an underwritten public offering of ~7.44M shares and pre-funded warrants to purchase ~2.02M shares.
- The shares of common stock are being sold at a public offering price of $18.50 per share and the pre-funded warrants are being sold at a public offering price of $18.4999 per pre-funded warrant.
- Underwriters have a 30-day option to purchase up to an additional ~1.42M shares.
- Aggregate gross proceeds to IDEAYA from this offering are expected to be approximately $175M.
- Closing expected on April 27.
- Stock price is up 3% pre-market.
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IDEAYA Biosciences up 3%, prices $175M offering