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Karuna Therapeutics ( NASDAQ: KRTX ) has priced an upsized underwritten public offering of 3,488,373 shares of its common stock at a public offering price of $215.00 per share for expected gross proceeds to be ~$750.0M.
Offering is expected to close on or about August 12, 2022.
All the shares in the offering are being sold by Karuna.
Underwriters are granted a 30-day option to purchase up to an additional 523,255 shares of common stock.