Neoleukin Therapeutics (NLTX) Prices 8.925M Share Offering at $8.40/Sh

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Neoleukin Therapeutics Announces Pricing of $75.0 Million Public Offering

December 17, 2019 10:25 PM EST

SEATTLE, Dec. 17, 2019 (GLOBE NEWSWIRE) -- Neoleukin Therapeutics, Inc. (Neoleukin) (Nasdaq: NLTX), a biopharmaceutical company utilizing sophisticated computational methods to design de novo protein therapeutics, today announced the pricing of an underwritten public offering of 8,925,000 shares of its common stock at a price to the public of $8.40 per share. The aggregate gross proceeds from this offering are expected to be approximately $75.0 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by Neoleukin. The offering is expected to close on or about December 20, 2019, subject to customary closing conditions. Neoleukin has... More