KRTX - Karuna Therapeutics prices ~$400M stock offering
2023-03-22 02:23:42 ET
- Karuna Therapeutics ( NASDAQ: KRTX ) on Tuesday has priced an underwritten public offering of 2,479,391 shares of its common stock at a public offering price of $161.33/share, for expected gross proceeds to be ~$400.0M.
- Offering is expected to close on or about March 24, 2023.
- Underwriters are granted a 30-day option to purchase up to an additional 371,908 shares of common stock.
- All the shares in the offering are being sold by Karuna.
- Shares are up 1.04% after-hours at $163.00 on Tuesday.
- Earlier this week, Karuna Therapeutics extends decline on $400M stock offering .
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Karuna Therapeutics prices ~$400M stock offering