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-0.00530712716329965 0.0261704953948238 -0.00719578451678702 0.0450570689296979 0.0488343836366726 0.0607958802087596 0.0746460341343338 0.0683505096227093
Stock impact report

iTeos Therapeutics Announces $120 Million Registered Direct Offering [Yahoo! Finance]

iTeos Therapeutics, Inc. (ITOS) 
Company Research Source: Yahoo! Finance
Further strengthens balance sheet with pro forma cash position of $715 million, extending anticipated runway through 2027 WATERTOWN, Mass. and GOSSELIES, Belgium, May 10, 2024 (GLOBE NEWSWIRE) -- iTeos Therapeutics, Inc. (Nasdaq: ITOS) (“iTeos”), a clinical-stage biopharmaceutical company pioneering the discovery and development of a new generation of immuno-oncology therapeutics for patients, today announced that it has entered into a securities purchase agreement to sell 1,142,857 shares of the Company's common stock (the “Common Stock”) at a price of $17.50 per share, representing a premium of approximately 44% to iTeos' closing price on May 9, 2024 and pre-funded warrants to purchase up to 5,714,285 shares of the Common Stock (the “Pre-Funded Warrants”) at a price of $17.499 per pre-funded warrant, in a registered direct offering. Each pre-funded warrant will have an exercise price of $0.001 per share, will be exercisable immediately, and will be exercisable until exercised in f Show less Read more
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