Castle Biosciences Inc. (CSTL) Prices 2M Share Common Offering at $37/Sh

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Go back to Castle Biosciences Inc. (CSTL) Prices 2M Share Common Offering at $37/Sh

Castle Biosciences Announces Pricing of $74.0 Million Public Offering of Common Stock

June 24, 2020 9:33 PM EDT

FRIENDSWOOD, Texas--(BUSINESS WIRE)-- Castle Biosciences, Inc. (Nasdaq: CSTL), announced today the pricing of its underwritten public offering of 2,000,000 shares of its common stock at a price to the public of $37.00 per share. The gross proceeds to Castle Biosciences from the offering, before deducting the underwriting discounts and commissions and offering expenses, are expected to be $74.0 million. In addition, Castle Biosciences has granted the underwriters a 30-day option to purchase up to an additional 300,000 shares of common stock at the offering price, less the underwriting discounts and commissions. The offering is expected to... More