other material
confidence high
sentiment neutral
materiality 0.70
Edgewise Therapeutics announces public offering of 11.6M shares at $10.32/share, expected gross proceeds $120M
Edgewise Therapeutics, Inc.
- Underwritten 11,627,907 shares; underwriters have 30-day option for additional 1,744,186 shares.
- Public offering price $10.32/share; underwriters purchase at $9.70/share.
- Expected gross proceeds of $120M before offering expenses; closing expected September 16, 2022.
- Offering made via effective S-3 registration statement (333-264083); J.P. Morgan and SVB Securities as representatives.
- Underwriting agreement includes customary representations, warranties, and indemnification.