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SNDX - Syndax Pharma raises $75M via stock offering
Syndax Pharmaceuticals Inc.
Syndax Pharmaceuticals (NASDAQ:SNDX) has priced its public offering of 3,157,144 shares of common stock, and pre-funded warrants to purchase 1,142,856 common shares. The public offering price of each share and warrant is $17.50 and $17.4999, respectively. Expected gross proceeds are ~$75.3M. Underwriters' over-allotment is additional 645K shares. Closing date is December 20, 2021. Shares down 11.70% after-hours. Yesterday's close was $18.97. Previously (Dec. 15): Syndax Pharmaceuticals drops 6% following underwritten stock offering