DICE Therapeutics (DICE) Announces Proposed $250M Stock Offering

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DICE Announces Proposed Public Offering of Common Stock

October 11, 2022 4:01 PM EDT

SOUTH SAN FRANCISCO, Calif., Oct. 11, 2022 (GLOBE NEWSWIRE) -- DICE Therapeutics, Inc. (Nasdaq: DICE), a biopharmaceutical company leveraging its proprietary technology platform to build a pipeline of novel oral therapeutic candidates to treat chronic diseases in immunology and other therapeutic areas, today announced that it has commenced an underwritten public offering of $250.0 million of shares of its common stock. All of the shares of common stock are being offered by DICE. In addition, DICE intends to grant the underwriters a 30-day option to purchase up to an additional $37.5 million of shares of its common... More