ArQule (ARQL) Completes 8.2M Offering at $7.30/Share
ArQule, Inc. (Nasdaq: ARQL) has completed its previously announced public offering of 8,222,500 shares of its common stock, including 1,072,500 shares issued pursuant to the underwriters’ full exercise of their option to purchase additional shares, at a public offering price of $7.30 per share. Net proceeds to ArQule of the public offering are approximately $56 million after deducting underwriting discounts and commissions and estimated offering expenses.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Frontline (FRO) Increases Equity Distribution Agreement with Morgan Stanley
- Gevo (GEVO) Sinks; Plans Offering of Common Stock and Warrants
- OncoMed Pharma (OMED) Tarextumab for the Treatment of Pancreatic and Small Cell Lung Cancer Gets FDA Orphan Designations
Create E-mail Alert Related CategoriesCorporate News, Equity Offerings
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!