Curis (CRIS) Prices 18.4M Share Offering at $0.82/sh

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Curis Announces $15.1 Million Registered Direct Offering

July 6, 2023 8:00 AM EDT

LEXINGTON, Mass., July 6, 2023 /PRNewswire/ -- Curis, Inc. (Nasdaq: CRIS), a biotechnology company focused on the development of emavusertib, a triple target inhibitor (IRAK4, FLT3 and CLK) for the treatment of hematologic malignancies, today announced that it has entered into definitive agreements led by existing investors for the purchase of 18.4 million of its shares of common stock at a purchase price of $0.82 per share in a registered direct offering priced at-the-market under Nasdaq rules.

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