other material
confidence high
sentiment neutral
materiality 0.80
IDEAYA raises $323.6M net in follow-on offering of 7.2M shares and pre-funded warrants
IDEAYA Biosciences, Inc.
- Sold 7,222,225 shares and pre-funded warrants for 5,555,576 shares at $27.00/share public price.
- Net proceeds of approx $323.6M after underwriting discounts and expenses.
- Underwriters J.P. Morgan, Jefferies, TD Securities, UBS Securities, Cantor Fitzgerald; 30-day option exercised in full.
- Company granted 60-day lock-up for directors and officers.
- Pre-funded warrants exercisable from issuance until fully exercised, subject to ownership limitation.