Arvinas Inc. (ARVN) to Offer $250M in Common Stock
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Arvinas, Inc. Announces Proposed Offering of Common Stock
December 14, 2020 4:06 PM ESTNEW HAVEN, Conn., Dec. 14, 2020 (GLOBE NEWSWIRE) -- Arvinas, Inc. (Nasdaq: ARVN), a clinical-stage biotechnology company creating a new class of drugs based on targeted protein degradation using its PROTAC® Discovery Engine, today announced that it is commencing an underwritten public offering of $250.0 million of its common stock. In addition, Arvinas intends to grant the underwriters an option for a period of 30 days to purchase up to an additional $37.5 million of its common stock. The offering is subject to market and other conditions, and there can be no assurance as... More
