Phathom Pharmaceuticals Inc. (PHAT) Announces Proposed 2.5M Common Share Offering
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Phathom Pharmaceuticals Announces Proposed Public Offering of 2,250,000 Shares of Common Stock
December 15, 2020 4:01 PM ESTFLORHAM PARK, N.J., Dec. 15, 2020 (GLOBE NEWSWIRE) -- Phathom Pharmaceuticals, Inc. (Nasdaq: PHAT), a late clinical-stage biopharmaceutical company focused on developing and commercializing novel treatments for gastrointestinal diseases, announced today that it intends to offer and sell, subject to market and other conditions, 2,250,000 shares of its common stock in an underwritten public offering. In addition, Phathom intends to grant the underwriters a 30-day option to purchase up to an additional 337,500 shares of common stock. All of the shares to be sold in the offering are to be sold by... More
