secwatch.observer — SEC 8-K summary
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Issuer:     CYTOKINETICS INC (CYTK)
CIK:        0001061983
Form:       8-K
Filed at:   2024-06-07T23:59:59+00:00
Accession:  0001193125-24-157531
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Cytokinetics raises ~$75M from underwriters' full exercise of overallotment option
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- Underwriters purchased 1,470,588 additional shares at $51.00 per share on June 7, 2024.
- Gross proceeds of approximately $75 million before underwriting discounts and commissions.
- Option exercised under May 22, 2024 underwriting agreement for initial offering of 9,803,922 shares.
- Total shares sold in offering now 11,274,510; combined gross proceeds ~$575 million.
- Net proceeds will be used for working capital and general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1061983/000119312524157531/0001193125-24-157531-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1061983/000119312524157531/d846985d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-157531

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