BioCryst Pharma (BCRX) Commences Public Offering of Common Stock and Pre-Funded Warrants

Go back to BioCryst Pharma (BCRX) Commences Public Offering of Common Stock and Pre-Funded Warrants

BioCryst Commences Public Offering of Common Stock and Pre-Funded Warrants

May 27, 2020 4:01 PM EDT

RESEARCH TRIANGLE PARK, N.C., May 27, 2020 (GLOBE NEWSWIRE) -- BioCryst Pharmaceuticals, Inc. (Nasdaq: BCRX) announced today that it is offering to sell $100 million of its common stock and, in lieu of common stock, to offer and sell to certain investors pre-funded warrants to purchase shares of its common stock in an underwritten public offering. As part of this offering, BioCryst intends to grant the underwriters a 30-day option to purchase additional shares of common stock in an amount equal to up to 15% of the securities offered in the public offering. The... More