Arena Pharma (ARNA) Announces $250M Proposed Public Offering of Common Stock

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Arena Pharma (ARNA) Prices 5.5M Share Common Offering at $50/Sh

May 28, 2020 8:32 AM EDT

Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) today announced the pricing of an underwritten public offering of 5,500,000 shares of its common stock at a price to the public of $50.00 per share. All of the shares are being sold by Arena. The gross proceeds from the offering... More