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

• ASP Isotopes (ASPI) files for 23.16M share offering by selling stockholders
• Grok launches automated task scheduling with email triggers
• Credit Suisse Asset Management Income Fund to be renamed UBS fund