Ra Pharmaceuticals -2.1% as it plans $50M offering [Seeking Alpha]
RA PHARMACEUTICALS (RARX)
Last ra pharmaceuticals earnings: 11/7 07:00 am
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US:NASDAQ Investor Relations:
rapharma.com/news-investors
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Source: Seeking Alpha
Ra Pharmaceuticals -2.1% as it plans $50M offeringRa Pharmaceuticals (NASDAQ:RARX) is2.1% lower postmarket after word that it'spursuing a $50M stock offering.Net proceeds will go to fund its phase 2 trial for RA101495 for gMG, among other pipeline programs and general purposes.Underwriters are expected to get a 30-day option to buy up to $7.5M in additional shares.Joint book-runners are Credit Suisse, Jefferies, and BMO Capital Markets.See all stocks on the move »Now read:Celgene In 2018: A Look At The Long Thesis »
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