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Stock impact report

Deciphera Pharmaceuticals Announces Closing of Initial Public Offering and Exercise of Option to Purchase Additional Shares

Deciphera Pharmaceuticals, Inc. (DCPH) 
Last deciphera pharmaceuticals, inc. earnings: 3/9 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: deciphera.com/investor-relations
Company Research Source: GlobeNewswire
WALTHAM, Mass., Oct. 03, 2017 (GLOBE NEWSWIRE) -- Deciphera Pharmaceuticals, Inc. (NASDAQ:DCPH), a clinical-stage biopharmaceutical company focused on addressing key mechanisms of tumor drug resistance, announced the closing of its initial public offering of 7,500,000 shares of its common stock at a public offering price of $17.00 per share. The gross proceeds from the initial public offering to Deciphera were approximately $127,500,000, before underwriting discounts and estimated offering expenses.  The underwriters also exercised their option to purchase 666,496 additional shares of common stock at the public offering price of $17.00 per share, bringing total gross proceeds from the offering to approximately $138,830,432, before underwriting discounts and estimated offering expenses. Such purchase of additional shares is expected to close on October 4, 2017, subject to customary closing conditions. J.P. Morgan and Piper Jaffray & Co. acted as joint book-running managers for the Show less Read more
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