other material
confidence high
sentiment neutral
materiality 0.65
Janux Therapeutics prices $296.5M public offering of common stock and pre-funded warrants
Janux Therapeutics, Inc.
- Pricing: 4,440,851 shares at $46.50/share and pre-funded warrants to purchase 1,935,483 shares at $46.499.
- Gross proceeds ~$296.5M, up from initial $175M offering; underwriters have 30-day option for 956,450 shares.
- Proceeds to fund clinical pipeline development and general corporate purposes; close expected March 4, 2024.