other material
confidence high
sentiment neutral
materiality 0.70
Revolution Medicines closes public offering of 15.7M shares for $323.6M net proceeds
Revolution Medicines, Inc.
- Offering of 15,681,818 shares of common stock at $22.00 per share to the public.
- Underwriters purchased at $20.68 per share; net proceeds of approx. $323.6M.
- Full exercise of underwriters' option; 30-day option period for additional 2M shares.
- Company and insiders subject to 60-day lock-up from prospectus date.
- Lead underwriters: J.P. Morgan, Cowen, SVB Securities, Guggenheim Securities.