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Stock impact report

Calithera Biosciences, Inc. Prices Public Offering of 12,500,000 shares of Common Stock

Calithera Biosciences, Inc. (CALA) 
Last calithera biosciences, inc. earnings: 3/11 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: calithera.com
Company Research Source: GlobeNewswire
SOUTH SAN FRANCISCO, Calif., June 18, 2019 (GLOBE NEWSWIRE) -- Calithera Biosciences, Inc. (Nasdaq: CALA), a clinical stage biotechnology company focused on discovering and developing novel small molecule drugs for the treatment of cancer and other life-threatening diseases, today announced the pricing of its previously announced underwritten public offering of 12,500,000 shares of its common stock at a price to the public of $4.00 per share.  Gross proceeds to Calithera from the offering are expected to be $50,000,000, before deducting underwriting discounts and commissions and estimated offering expenses.  All of the shares of common stock are being offered by Calithera. In addition, Calithera has granted the underwriters a 30-day option to purchase up to 1,875,000 of additional shares of common stock at the public offering price.  The offering is expected to close on June 21, 2019, subject to customary closing conditions. SVB Leerink, Wells Fargo Securities and William Blair are Show less Read more
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