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home / news releases / INFI - Infinity Pharmaceuticals readies stock offering


INFI - Infinity Pharmaceuticals readies stock offering

Infinity Pharmaceuticals (INFI) traded 4% down after hours post commencing an underwritten public offering; underwriters granted 30-day option to purchase an additional 15% of the shares.Offer size, terms not yet disclosed.Proceeds to be used for the continued clinical development of eganelisib, for general corporate purposes.The company reported promising eganelisib + nivolumab data in urothelial cancer trial.

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Infinity Pharmaceuticals readies stock offering
Stock Information

Company Name: Infinity Pharmaceuticals Inc.
Stock Symbol: INFI
Market: NASDAQ
Website: infi.com

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