Zymeworks (ZYME) Prices 4.925M Share Offering at $46.50/Share

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Go back to Zymeworks (ZYME) Prices 4.925M Share Offering at $46.50/Share

Zymeworks Announces Pricing of $279.0 Million Public Offering

January 22, 2020 9:46 PM EST

VANCOUVER, Canada--(BUSINESS WIRE)-- Zymeworks Inc. (NYSE: ZYME), a clinical-stage biopharmaceutical company developing multifunctional biotherapeutics (Zymeworks or the Company), announced today the pricing of its previously-announced underwritten public offering (the Offering) of 4,924,729 common shares and, in lieu of common shares to a certain investor, pre-funded warrants to purchase up to 1,075,271 common shares. The common shares are being offered at a price to the public of US$46.50 per common share and the pre-funded warrants are being offered at a price of US$46.4999 per pre-funded warrant, for aggregate gross proceeds to the Company of... More