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MRTX - Mirati Therapeutics prices equity offering at $202
Mirati Therapeutics Inc.
Mirati Therapeutics (MRTX) has priced its public offering of ~4.3M common shares at $202.00/share, which consists of ~4M shares to be sold by Mirati and 375K by a selling stockholder.Gross proceeds should be ~$800M.Underwriters' over-allotment is an additional ~625K company's shares and 25K shares of selling stockholder. Net proceeds will be used for general corporate purposes, including development of product candidates and clinical programs and for working capital.Closing date is October 30.