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-0.0284615384615384 -0.0142307692307691 0.00925384615384618 0.00307692307692315 -0.00874999999999997 -0.0190384615384614 -0.0384615384615385 -0.0434615384615384
Stock impact report

ORIC Pharmaceuticals Announces Pricing of Initial Public Offering

Oric Pharmaceuticals, Inc. (ORIC) 
Company Research Source: GlobeNewswire
SOUTH SAN FRANCISCO, Calif., April 23, 2020 (GLOBE NEWSWIRE) -- ORIC Pharmaceuticals, Inc. (NASDAQ: ORIC), a clinical stage oncology company focused on developing treatments that address mechanisms of therapeutic resistance, today announced the pricing of its initial public offering of 7,500,000 shares of its common stock at a price to the public of $16.00 per share. All of the shares of common stock are being offered by ORIC. In addition, ORIC has granted the underwriters a 30-day option to purchase up to 1,125,000 additional shares of common stock at the initial public offering price, less the underwriting discounts and commissions. The shares are expected to begin trading on The Nasdaq Global Select Market on April 24, 2020 under the symbol “ORIC.” The gross proceeds from the offering, before deducting underwriting discounts and commissions and estimated offering expenses payable by ORIC, are expected to be $120.0 million, excluding any exercise of the underwriters’ option to pur Show less Read more
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