other material
confidence high
sentiment neutral
materiality 0.75
Fulcrum Therapeutics announces $75M public offering of common stock at $7.82/share
Fulcrum Therapeutics, Inc.
- 9,590,792 shares offered at $7.82/share; gross proceeds $75 million.
- Net proceeds estimated at $70.3 million ($80.9 million if underwriters exercise full 30-day option for 1,438,618 additional shares).
- Goldman Sachs & Co. and SVB Securities act as lead joint book-running managers; closing expected on August 18, 2022.
- Company subject to 60-day lock-up; directors and executive officers subject to 30-day lock-up.