secwatch.observer — SEC 8-K summary
======================================

Issuer:     Gritstone bio, Inc. (—)
CIK:        0001656634
Form:       8-K
Filed at:   2024-04-02T23:59:59+00:00
Accession:  0001193125-24-084932
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gritstone bio raises ~$32.5M in underwritten public offering of common stock and warrants
--------------------------------------------------------------------------------

- Gross proceeds of ~$32.5M from sale of 8,333,333 shares (or pre-funded warrants) plus accompanying warrants at $1.50/unit.
- Separate pre-funded warrants for up to 13,334,222 shares at $0.0001 exercise price, with accompanying warrants at $1.4999/unit.
- Underwriting agreement with TD Securities and Evercore; closing expected April 4, 2024.
- Warrants are immediately exercisable; common warrants expire in 12 months, pre-funded warrants expire when exercised in full.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1656634/000119312524084932/0001193125-24-084932-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1656634/000119312524084932/d819419d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-084932

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer