other material
confidence high
sentiment neutral
materiality 0.70
Tarsus closes public offering of 3.23M shares; net proceeds $134.8M
Tarsus Pharmaceuticals, Inc.
- Underwriters exercised full over-allotment; total shares sold: 3,230,336 (incl. 421,348 additional shares).
- Shares sold to underwriters at $41.83 each; public offering price $44.50.
- Net proceeds of ~$134.8M after underwriting discounts and estimated offering expenses.
- Offering closed on March 14, 2025; use of proceeds not specified but typical for general corporate purposes.