Terns Pharmaceuticals Inc. (TERN) Launches $75M Public Offering
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Terns Announces Proposed Public Offering
December 19, 2022 4:31 PM ESTFOSTER CITY, Calif., Dec. 19, 2022 (GLOBE NEWSWIRE) -- Terns Pharmaceuticals, Inc. (Terns or the Company) (Nasdaq: TERN), a clinical-stage biopharmaceutical company developing a portfolio of small-molecule product candidates to address serious diseases, including oncology, obesity and non-alcoholic steatohepatitis (NASH), today announced that it has commenced a proposed underwritten public offering of $75.0 million of shares of its common stock. In addition, Terns expects to grant the underwriters a 30-day option to purchase additional shares of common stock offered in the public offering at the public offering price, less underwriting discounts and commissions.... More
