other material
confidence high
sentiment neutral
materiality 0.85
Rocket Pharmaceuticals raises ~$182.8M in public offering and private placement
ROCKET PHARMACEUTICALS, INC.
- Public offering of 15.18M shares at $12.50/sh, including full exercise of underwriters' option; net proceeds ~$178.1M.
- Private placement of 400,000 pre-funded warrants at $12.49 to RTW Innovation Master Fund, net proceeds ~$4.7M.
- Proceeds to fund pipeline development, commercialization preparedness, and general corporate purposes.
- 45-day lock-up on sales of common stock by officers, directors, and certain shareholders.