secwatch.observer — SEC 8-K summary
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Issuer:     Xencor Inc (XNCR)
CIK:        0001326732
Form:       8-K
Filed at:   2024-09-12T23:59:59+00:00
Accession:  0001326732-24-000048
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Xencor closes public offering of 8.1M shares at $18, raising ~$201M in gross proceeds
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- Offering included 8,093,712 shares at $18.00/share and pre-funded warrants for 3,088,888 shares at $17.99/warrant.
- Gross proceeds of ~$201.3M; net proceeds for R&D, capex, working capital, and general corporate purposes.
- Underwriters exercised in full their option to purchase 1,458,600 additional shares.
- Leerink Partners, Raymond James, and RBC Capital Markets acted as joint book-running managers; Wedbush PacGrow as co-manager.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1326732/000132673224000048/0001326732-24-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1326732/000132673224000048/xncr-20240912.htm
  HTML page:      https://secwatch.observer/filing/0001326732-24-000048

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