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Puma Biotech (PBYI) Announces $150M Common Stock Offering

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Puma Biotech (PBYI) Prices 3.75M Common Stock Offering at $40/Share

October 20, 2016 5:57 AM EDT

Puma Biotechnology, Inc. (NYSE: PBYI) announced the pricing of an underwritten public offering of 3,750,000 shares of its common stock at a public offering price of $40.00 per share. The offering is expected to close on or about October 25, 2016, subject to customary closing conditions. The Company has granted the underwriters a 30-day option to purchase up to 562,500 additional shares of its... More

Puma Biotech (PBYI) on Watch as Offering Said in Doubt

October 19, 2016 1:25 PM EDT

Puma Biotech (NYSE: PBYI) was in focus amid doubts about the success of its $150 million common stock offering.

$PBYI -16%. Im hearing weak investor demand for stock offering announced last night.

Adam Feuerstein (@adamfeuerstein) October 19, 2016

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