other material
confidence high
sentiment neutral
materiality 0.75
Nuvectis Pharma prices $100M public offering of 5M shares at $20.00 per share
Nuvectis Pharma, Inc.
- Priced underwritten public offering of 5,000,000 shares at $20.00 per share for gross proceeds of $100 million.
- Net proceeds expected ~$93 million (or ~$107 million if underwriters' 30-day option for 750,000 additional shares is exercised).
- Offering expected to close on July 1, 2026; Cantor Fitzgerald acting as sole book-runner.
- Proceeds to fund development of NXP100, NXP200, NXP900 and for general corporate purposes.