other material
confidence high
sentiment neutral
materiality 0.65
Zentalis prices 23M-share offering at $3.50, netting ~$75.1M
Zentalis Pharmaceuticals, Inc.
- Offering of 23,000,000 shares at $3.50/share; underwriters have 30-day option for 3,450,000 additional shares.
- Net proceeds estimated at $75.1M after underwriting discounts and offering expenses.
- Closing expected August 17, 2026, subject to customary conditions.
- Proceeds to fund clinical trials, preclinical studies, regulatory filings, manufacturing, companion diagnostic, pre-commercial activities, and general corporate purposes.
- Underwriters: TD Securities, Guggenheim Securities, and Oppenheimer & Co. as representatives.