Cullinan Therapeutics Announces Oversubscribed $280 million Private Placement [Yahoo! Finance]
Cullinan Therapeutics, Inc. (CGEM)
NASDAQ:AMEX Investor Relations:
investorshub.advfn.com/consolidated-gems-inc-cgem-26232
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Source: Yahoo! Finance
Cullinan to host a virtual investor event on April 16 at 8:00 am ET CAMBRIDGE, Mass., April 16, 2024 (GLOBE NEWSWIRE) -- Cullinan Therapeutics, Inc. (formerly Cullinan Oncology, Inc.) (Nasdaq: CGEM; “Cullinan”), a biopharmaceutical company focused on developing modality-agnostic targeted therapies, today announced that it has entered into a stock purchase agreement with certain institutional and accredited investors for a private placement of approximately $274.0 million of shares of its common stock at a price of $19.00 per share and, in lieu of common stock to certain investors, $6.0 million of pre-funded warrants to purchase shares of its common stock at a price of $18.999 per pre-funded warrant. The exercise price of each pre-funded warrant will equal $0.001 per share. Cullinan expects to receive gross proceeds from the offering of approximately $280.0 million, before deducting placement agent fees and other offering expenses. The private placement consisted of participation
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CGEM
News
- Cullinan Therapeutics Announces Appointment of Mary Kay Fenton as Chief Financial OfficerGlobeNewswire
- Why Is Cullinan Therapeutics Stock Trading Higher On Wednesday? [Yahoo! Finance]Yahoo! Finance
- Cullinan Therapeutics to Present Clinical Data from Phase 1 Study Evaluating Novel Anti-MICA/B Antibody, CLN-619, as Monotherapy and in Combination with a Checkpoint Inhibitor in Patients with Advanced Solid Tumors at ASCO 2024GlobeNewswire
- EGFR Inhibitor Market to Accelerate Substantially During the Study Period (2020–2034) | DelveInsight [Yahoo! Finance]Yahoo! Finance
- Cullinan Oncology, Inc. (NASDAQ: CGEM) had its price target raised by analysts at Jonestrading from $22.00 to $26.00. They now have a "buy" rating on the stock.MarketBeat
CGEM
Earnings
- 3/14/24 - Beat
CGEM
Sec Filings
- 4/29/24 - Form 8-K
- 4/24/24 - Form SC
- 4/16/24 - Form 8-K
- CGEM's page on the SEC website