Sutro Biopharma Inc. (STRO) Announces Proposed Public Offering of Common Stock

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Sutro Biopharma Inc. (STRO) Prices 11M Share Common Offering at $7.75/Sh

May 12, 2020 5:55 AM EDT

Sutro Biopharma, Inc. (NASDAQ: STRO) today announced the pricing of an underwritten public offering of 11,000,000 shares of its common stock at a price to the public of $7.75 per share. The gross proceeds from this offering are expected to be approximately $85.3 million, before deducting underwriting... More