other material
confidence high
sentiment neutral
materiality 0.70
Erasca prices upsized public offering of 22.5M shares at $10.00/share, raising $225M gross
Erasca, Inc.
- Offering of 22.5M shares at $10.00; gross proceeds $225M.
- Net proceeds expected ~$211M ($242.7M if underwriter option exercised).
- Underwriters granted 30-day option to buy 3.375M additional shares.
- Closing on Jan 23, 2026; proceeds for R&D and general corporate use.
- Joint book-runners: J.P. Morgan, Morgan Stanley, Jefferies, Evercore.