other material
confidence high
sentiment neutral
materiality 0.65
Syndax closes $230M public offering of common stock at $18.50/share
Syndax Pharmaceuticals Inc
- Offering of 12,432,431 shares includes full exercise of underwriters' option to purchase 1,621,621 additional shares.
- Gross proceeds of approximately $230M; net proceeds after underwriting discounts and expenses expected.
- Post-offering shares outstanding as of Dec 19, 2023: 84,809,736.
- Goldman Sachs, J.P. Morgan, TD Cowen, and Stifel acted as joint book-running managers.
- Offering made under an existing effective shelf registration statement.