other material
confidence high
sentiment neutral
materiality 0.75
Janux Therapeutics prices $350M public offering of common stock and pre-funded warrants
Janux Therapeutics, Inc.
- Priced 5,317,460 shares at $63.00/share and pre-funded warrants for 238,095 shares at $62.999
- Gross proceeds expected ~$350M before expenses; funds to advance clinical pipeline and for general purposes
- Underwriters granted 30-day option to purchase up to additional 833,333 shares
- Offering expected to close Dec 6, 2024; joint book-runners: BofA, TD Cowen, Stifel, Cantor, William Blair