CytomX Therapeutics (CTMX) Announces Proposed $75M Common Share Offering

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CytomX Therapeutics (CTMX) Prices 14.286M Share Common Offering at $7/Sh

January 21, 2021 6:00 AM EST

CytomX Therapeutics, Inc. (NASDAQ: CTMX), a clinical-stage, oncology-focused biopharmaceutical company with a vision of transforming lives with safer, more effective therapies, today announced the pricing of an underwritten public offering of 14,285,714 shares of its common stock at a price to the public of $7.00 per share, for gross proceeds of $100 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by CytomX. All shares are being offered by CytomX. In addition,... More