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Replimune Prices Upsized $140 Million Offerings

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Replimune Prices Upsized $140 Million Offerings

Nov 26, 2024 2:02 AM

04:37 AM EST, 11/26/2024 (MT Newswires) -- Replimune ( REPL ) said Monday it priced a public offering of 6.9 million shares at $13 per share.

The company said it has also priced its public offering of pre-funded warrants to purchase 3.8 million shares at $12.9999 per pre-funded warrant.

The gross proceeds from the offering, expected to close on Wednesday, to be about $140 million.

In addition, Replimune ( REPL ) has granted the underwriter a 30-day option to purchase up to an additional 1.6 million shares at the public offering price, less the underwriting discounts and commissions.

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