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Stock impact report

Galecto prices $275M stock offering [Seeking Alpha]

Galecto, Inc. (GLTO) 
Company Research Source: Seeking Alpha
Subscribe to Newsletters Sign Up Galecto ( GLTO priced its previously announced underwritten public offering of ~14.47M shares at a public offering price of $19.00 per share. The underwriters have a 30-day option to purchase an additional ~2.17M shares. The gross proceeds are expected to be ~$275M. The offering is expected to close on or about February 12, 2026. The stock price traded 3.8% lower on Tuesday during after market hours of trading. More on Galecto Galecto appoints former Blueprint Medicines executives as COO and CMO Seeking Alpha's Quant Rating on Galecto Historical earnings data for Galecto Financial information for Galecto Recommended For You More Trending News Show less Read more
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