Gritstone bio (GRTS) Prices $32.5M Share and Warrant Offering at $1.50/sh

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Gritstone bio Announces Pricing of $32.5 Million Underwritten Public Offering

April 1, 2024 11:00 PM EDT

EMERYVILLE, Calif., April 01, 2024 (GLOBE NEWSWIRE) -- Gritstone bio, Inc. (Nasdaq: GRTS), a clinical-stage biotechnology company working to develop the worlds most potent vaccines, today announced the pricing of an approximately $32.5 million underwritten public offering of its common stock (or pre-funded warrants to purchase common stock in lieu thereof) and accompanying common warrants to purchase common stock (or pre-funded warrants to purchase common stock in lieu thereof), before deducting underwriting discounts and commissions and offering expenses.

The offering consists of (i) 8,333,333 shares of common stock and accompanying common warrants to purchase up... More