Mersana Therapeutics (MRSN) Prices 8M Share Common Offering at $19/Sh

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Go back to Mersana Therapeutics (MRSN) Prices 8M Share Common Offering at $19/Sh

Mersana Therapeutics Announces Pricing of Public Offering of Common Stock

May 28, 2020 11:24 PM EDT

CAMBRIDGE, Mass., May 28, 2020 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (Nasdaq: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today announced the pricing of an underwritten public offering of 8,000,000 shares of common stock at a price to the public of $19.00 per share. Gross proceeds to Mersana from the offering are expected to be $152.0 million, before deducting underwriting discounts and commissions and offering expenses payable by Mersana. In addition, Mersana has granted the underwriters a 30-day... More