Curis prices $15.1M registered direct offering of 18.4M shares at $0.82/share

On July 5, 2023, Curis, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with certain institutional investors (the “Purchasers”), pursuant to which the Company agreed to sell and issue, in a registered direct offering (the “Registered Offering”), an aggregate of 18,409,756 shares of common stock, $0.01 par value per share, of the Company (the “Common Stock”), at a purchase price per share of $0.82 (the “Shares”). The aggregate gross proceeds to the Company from the Registered Offering are expected to be approximately $15.1 million, before deducting fees payable to the placement agents and other estimated offering expenses payable by the Company.