Erasca prices upsized $550M public offering of 31.4M shares at $17.50

Erasca, Inc.

Gross proceeds ~$550M from 31,428,572 shares at $17.50; net proceeds ~$516M.
Underwriters have 30-day option for up to 4,714,285 additional shares.
Offering expected to close July 15, 2026; J.P. Morgan, Morgan Stanley, Jefferies, Evercore as joint book-runners.
Proceeds to fund R&D of product candidates and for working capital and general corporate purposes.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.