TESARO (TSRO) to Offer $300M in Common Stock
Get Alerts TSRO Hot Sheet
Join SI Premium – FREE
TESARO, Inc. (NASDAQ: TSRO) announced today that it has commenced an underwritten public offering of $300 million of its common stock. In connection with this offering, TESARO plans to grant the underwriters an option to purchase up to an additional $45 million of its common stock. Citigroup, Leerink Partners, Credit Suisse and Wells Fargo Securities are acting as bookrunners, and Mizuho, Raymond James, SunTrust Robinson Humphrey and Wedbush PacGrow are acting as co-managers for the offering. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
SI NOTE: Shares of TSRO rose 108% on Wednesday on Positive Ph3 NOVA Data.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- 10 analysts discuss Meta Platforms (META) stock after earnings selloff
- BHP makes $38.8bn bid for Anglo American; analyst thinks improved offer is needed
Create E-mail Alert Related Categories
Equity Offerings, Momentum Movers, Trader TalkRelated Entities
Credit Suisse, Citi, Raymond James, SunTrust Robinson Humphrey, S3, Earnings, Wells FargoSign 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!