Arrowhead Pharmaceuticals Inc. (ARWR) Announces Proposed 4M Share Common Offering

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Arrowhead Pharmaceuticals Announces Proposed Underwritten Offering of Common Stock

December 2, 2019 4:05 PM EST

PASADENA, Calif.--(BUSINESS WIRE)-- Arrowhead Pharmaceuticals Inc. (NASDAQ: ARWR) today announced its intention to offer and sell 4,000,000 shares of its common stock in an underwritten offering pursuant to its existing automatic shelf registration statement. All of the shares in the proposed offering are to be sold by Arrowhead. Arrowhead intends to grant the underwriters a 30-day option to purchase up to an additional 600,000 shares of its common stock. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be... More