other material
confidence high
sentiment neutral
materiality 0.70
Erasca closes $242.7M upsized public offering; extends cash runway into first half 2029
Erasca, Inc.
- Preliminary cash, cash equivalents and marketable securities at Dec 31, 2025: ~$341.8M.
- Closed upsized offering of 25,875,000 shares, net proceeds ~$242.7M after expenses.
- Combined cash and proceeds expected to fund operations into the first half of 2029.