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Reported Earlier, IDEAYA Prices $263M Public Offering Of 228,572 Common Shares And Pre-Funded Warrants At $35/Share

Author: Benzinga Newsdesk | July 10, 2024 02:32am

IDEAYA is selling 7,228,572 shares of common stock and pre-funded warrants to purchase 285,715 shares of common stock in the offering.
The shares of common stock are being sold at a public offering price of $35.00 per share, before underwriting discounts and commissions, and the pre-funded warrants are being sold at a public offering price of $34.9999 per pre-funded warrant. The exercise price of the pre-funded warrants is $0.0001 per share. In addition, IDEAYA has granted the underwriters a 30-day option to purchase up to an additional 1,127,142 shares of its common stock at the public offering price per share, before underwriting discounts and commissions.

Posted In: IDYA