Forty Seven (FTSV) Prices 4.86M Share Common Offering ar $35/Sh

Forty Seven, Inc. (NASDAQ: FTSV) today announced the pricing of its previously announced underwritten public offering of 4,860,000 shares of its common stock at a price to the public of $35.00 per share. Gross proceeds to Forty Seven from the offering are expected to be $170.1 million, before deducting underwriting discounts and commissions and estimated offering expenses. All of the shares of common stock are being offered by Forty Seven. In addition, Forty Seven has granted the underwriters a 30-day option to purchase up to 729,000 of additional shares of common stock at the public offering price, less underwriting discounts and commissions. The offering is expected to close on December 16, 2019, subject to customary closing conditions.

Morgan Stanley & Co. LLC and Credit Suisse Securities (USA) LLC are acting as joint book-running managers, Guggenheim Securities, LLC and Oppenheimer & Co. Inc. are acting as lead managers and JonesTrading Institutional Services LLC and Roth Capital Partners, LLC are acting as co-managers for the offering.

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