other_material
confidence high
sentiment neutral
materiality 0.80
Revolution Medicines raises ~$2.15B via equity and convertible note offerings
Revolution Medicines, Inc.
- Equity offering: 10,563,381 shares at $142/sh + full over-allotment of 1,584,506 shares; net proceeds ~$1.65B.
- Convertible note offering: $500M aggregate principal of 0.50% Convertible Senior Notes due 2033.
- Equity closed April 16; note offering expected to close April 17; underwriters J.P. Morgan, TD Securities, Guggenheim.
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