other material
confidence high
sentiment neutral
materiality 0.70
Tarsus prices upsized $75.6M public offering of 5.6M shares at $13.50/share
Tarsus Pharmaceuticals, Inc.
- Priced 5,600,000 shares of common stock at $13.50 per share for gross proceeds of $75.6M.
- Underwriters granted 30-day option to purchase up to 840,000 additional shares.
- Net proceeds expected to be ~$70.6M after underwriting discounts and expenses.
- Offering led by BofA Securities, Jefferies, Barclays, and Raymond James as joint book-runners.
- Closing expected on May 5, 2022, subject to customary conditions.