---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-141066"
form_type: "8-K"
ticker: "ERAS"
cik: "0001761918"
company_name: "Erasca, Inc."
filed_at: "2024-05-17T23:59:59+00:00"
generated_at: "2026-06-01T16:28:33.537931+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Erasca prices $160M common stock offering of 86.5M shares at $1.85/share

## Summary
- Gross proceeds ~$160M; net proceeds ~$151.6M (or ~$174.4M if underwriters' option exercised).
- Underwriters granted 30-day option to buy up to 12,972,972 additional shares at same price.
- Offering expected to close May 21, 2024; net proceeds to fund R&D and working capital.
- Existing cash plus net proceeds from this and April 2 private placement fund operations into first half 2027.
- J.P. Morgan and BofA Securities act as joint book-running managers.

## SEC filing metadata
- accession: 0001193125-24-141066
- form_type: 8-K
- ticker: ERAS
- cik: 0001761918
- company_name: Erasca, Inc.
- filed_at: 2024-05-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1761918/000119312524141066/0001193125-24-141066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1761918/000119312524141066/d815150d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-141066
- JSON: https://secwatch.observer/filing/0001193125-24-141066.json
- Plain text: https://secwatch.observer/filing/0001193125-24-141066.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.