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Stock impact report

Leap Therapeutics Announces $40 Million Private Placement [Yahoo! Finance]

Leap Therapeutics, Inc. (LPTX) 
Last leap therapeutics, inc. earnings: 11/14 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.leaptx.com
Company Research Source: Yahoo! Finance
CAMBRIDGE, Mass. April 11, 2024 /PRNewswire/ -- Leap Therapeutics, Inc. (Nasdaq:LPTX), a biotechnology company focused on developing targeted and immuno-oncology therapeutics, today announced it has entered into a securities purchase agreement with a select group of institutional investors to issue and sell an aggregate of 12,660,993 shares of its common stock ("Common Stock") at a price of per share and pre-funded warrants to purchase 1,523,404 shares of Common Stock at a price of per share of Common Stock issuable upon exercise of the pre-funded warrants, in a private placement. Leap anticipates the gross proceeds from the private placement will be approximately $40 million , before deducting any offering-related expenses. The financing is expected to close on April 15, 2024 , subject to satisfaction of customary closing conditions. The private placement investors included new and existing investors, including Gilead Sciences, Inc., a life sciences-focused investor, Samsara BioCa Show less Read more
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