Cerevel Therapeutics Holdings (CERE) Announces $250M Stock Offering

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Cerevel Therapeutics Announces Proposed Public Offering of Common Stock

August 10, 2022 4:01 PM EDT

CAMBRIDGE, Mass., Aug. 10, 2022 (GLOBE NEWSWIRE) -- Cerevel Therapeutics Holdings, Inc. (Cerevel, we, us or our) (Nasdaq: CERE), a company dedicated to unraveling the mysteries of the brain to treat neuroscience diseases, announced today that it has commenced an underwritten public offering of $250.0 million of shares of its common stock. In connection with this offering, Cerevel expects to grant the underwriters a 30-day option to purchase up to an additional $37.5 million of shares of its common stock at the public offering price, less underwriting discounts and commissions. The offering of common stock is subject to market and other... More