other material
confidence high
sentiment neutral
materiality 0.70
Imara prices $50M public offering of 8.33M shares at $6.00 each; net proceeds ~$46.8M
Enliven Therapeutics, Inc.
- Offering of 8,333,333 shares priced at $6.00/share for gross proceeds of $50M.
- Net proceeds expected to be ~$46.8M after underwriting discounts and offering expenses.
- Underwriters granted 30-day option to purchase up to 1,249,999 additional shares ($7.5M).
- Closing expected July 16, 2021; Morgan Stanley, SVB Leerink, and Cantor are joint book-runners.
- Company is a clinical-stage biotech focused on rare hemoglobin disorders; proceeds for general corporate purposes.