other material
confidence high
sentiment neutral
materiality 0.60
Arcus Biosciences closes public offering of 15.76M shares, net proceeds ~$269.7M
Arcus Biosciences, Inc.
- Sold 15,755,000 shares at $18.25 per share including full exercise of underwriters' option.
- Net proceeds of approximately $269.7 million after discounts and estimated expenses.
- Underwriters led by Leerink Partners LLC and Goldman Sachs & Co. LLC.
- Offering closed on November 3, 2025.