MacroGenics Announces Proposed Public Offering of Common Stock

Go back to MacroGenics Announces Proposed Public Offering of Common Stock

Macrogenics (MGNX) Prices 4.5M Common Stock Offering at $21.25/Share

March 28, 2018 7:31 AM EDT

MacroGenics, Inc. (Nasdaq: MGNX), a clinical-stage biopharmaceutical company focused on discovering and developing innovative monoclonal antibody-based therapeutics for the treatment of cancer, today announced the pricing of an underwritten public offering of 4,500,000 shares of its common stock at a public offering price of $21.25 per share, before underwriting discounts and commissions. In addition, MacroGenics has granted the underwriters a 30-day option to purchase up to an additional 675,000 shares of common stock at the public offering price, less underwriting discounts and commissions.

Leerink Partners, Deutsche Bank Securities and Evercore Group L.L.C. are... More