Mirati Therapeutics (MRTX) Announces $700M Proposed Public Offering of Common Stock

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Mirati Therapeutics Announces Proposed Public Offering of Common Stock

October 26, 2020 4:47 PM EDT

SAN DIEGO, Oct. 26, 2020 /PRNewswire/ -- Mirati Therapeutics, Inc. (Nasdaq: MRTX) today announced that it intends to offer and sell in an underwritten public offering $700.0 million of shares of its common stock and a selling stockholder intends to offer 375,000 shares in the offering. In addition, Mirati and the selling stockholder expect to grant the underwriters of the offering a 30-day option to purchase up to an additional 15% of the total shares offered in the public offering at the public offering price, less the underwriting discounts and commissions. Mirati will... More