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Nektar Therapeutics (NKTR) Announces $175M Common Stock Offering

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Nektar Therapeutics Announces Public Offering of Shares of Common Stock

October 17, 2016 4:01 PM EDT

SAN FRANCISCO, Oct. 17, 2016 /PRNewswire/ -- Nektar Therapeutics (Nasdaq: NKTR) ("Nektar") today announced that it has commenced an underwritten public offering of $175 million of shares of its common stock.  In connection with this offering, Nektar will also grant to the underwriters a 30-day option to purchase up to an additional $26.25 million of shares of common stock.  J.P. Morgan is acting as the sole book-running manager in the offering.  The offering is subject to... More