Global Blood Therapeutics Announces Proposed Public Offering of Common Stock

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Global Blood Therapeutics (GBT) Says it Priced $150 Million Common Stock Public Offering

December 7, 2018 9:16 AM EST

Global Blood Therapeutics, Inc. (GBT) (Nasdaq: GBT), a clinical-stage biopharmaceutical company determined to discover, develop and deliver innovative treatments that provide hope to underserved patient communities, today announced the pricing of its underwritten public offering of its common stock for gross proceeds of approximately $150.0 million, before deducting the underwriting discounts and commissions and other estimated offering expenses payable by GBT. The offering is expected to close on or about December 11, 2018, subject to customary closing conditions. In addition, GBT has... More