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home / news releases / IMRA - Imara secures $50M capital raise


IMRA - Imara secures $50M capital raise

Imara (IMRA) has priced its public offering of common shares at $6.00/share, for gross proceeds of $50M.Underwriters' over-allotment is an additional $7.5M of shares.Closing date is July 16.Morgan Stanley, SVB Leerink and Cantor are acting as joint book-running managers for the offering.Shares down 12.7% after-hours. Yesterday's close was $7.09.Previously (July 13): Imara shares slide on $50M capital raise

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Imara secures $50M capital raise
Stock Information

Company Name: IMARA Inc.
Stock Symbol: IMRA
Market: NASDAQ

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