other material
confidence high
sentiment neutral
materiality 0.65
Zentalis prices public offering of 11M shares at $22.66, raising ~$235.5M
Zentalis Pharmaceuticals, Inc.
- Sale of 11,032,656 common shares at $22.66 per share; net proceeds estimated at $235.5M.
- Net proceeds to be used for ongoing and planned clinical trials and working capital.
- Closing expected on June 20, 2023, subject to customary conditions.
- Underwriters include Morgan Stanley, Jefferies, and SVB Securities.
- Offering conducted under effective shelf registration statement on Form S-3.