other material
confidence high
sentiment neutral
materiality 0.65
Coherus Oncology closes $47M public offering of 28.6M shares at $1.75/share
Coherus Oncology, Inc.
- Issued 28.6M common shares at $1.75 public price; underwriters paid $1.645/share.
- Net proceeds of ~$47.0M after underwriting discounts and commissions.
- Underwriters have 30-day option to purchase up to 4.29M additional shares for over-allotments.
- Directors, officers, and certain stockholders subject to 60-day lock-up agreement.