Forty Seven (FTSV) to Offer $140M in Common Stock

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Forty Seven, Inc. Announces Proposed Underwritten Public Offering of Common Stock

December 11, 2019 4:01 PM EST

MENLO PARK, Calif., Dec. 11, 2019 (GLOBE NEWSWIRE) -- Forty Seven, Inc. (Nasdaq: FTSV), a clinical stage immuno-oncology company, today announced that it has commenced an underwritten public offering of $140,000,000 of shares of its common stock. All of the shares of common stock are being offered by Forty Seven. In connection with this offering, Forty Seven expects to grant the underwriters a 30-day option to purchase up to $21,000,000 of additional shares of common stock.

Morgan Stanley & Co. LLC and Credit Suisse Securities (USA) LLC are... More