C4 Therapeutics Inc. (CCCC) Announces Proposed Offering of 4.25M Shares

Go back to C4 Therapeutics Inc. (CCCC) Announces Proposed Offering of 4.25M Shares

C4 Therapeutics Launches Proposed Public Offering

June 14, 2021 4:12 PM EDT

WATERTOWN, Mass., June 14, 2021 (GLOBE NEWSWIRE) -- C4 Therapeutics, Inc. (C4T) (Nasdaq: CCCC), a clinical-stage biopharmaceutical company pioneering a new class of small-molecule medicines that selectively destroy disease-causing proteins through degradation, today announced that it has launched a proposed public offering of 4,250,000 shares of its common stock.

All of the shares of common stock in the offering will be offered by C4T. In addition, C4T expects to grant the underwriters a 30-day option to purchase up to 637,500 additional shares of common stock. Together with its existing... More