Sutro Biopharma Inc. (STRO) Announces Proposed Public Offering of Common Stock
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Sutro Biopharma Announces Proposed Public Offering
May 11, 2020 4:01 PM EDTSOUTH SAN FRANCISCO, Calif., May 11, 2020 /PRNewswire/ -- Sutro Biopharma, Inc. (Nasdaq: STRO), a clinical stage drug discovery, development and manufacturing company focused on deploying its proprietary integrated cell-free protein synthesis platform, XpressCF®, to create a broad variety of optimally designed, next-generation protein therapeutics initially for cancer and autoimmune disorders, today announced a proposed underwritten public offering in which it intends to offer and sell shares of its common stock. In addition, Sutro intends to grant the underwriters a 30-day option to purchase up to an additional... More
