Cyclacel Pharmaceuticals (CYCC) to Offer Common Stock

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Go back to Cyclacel Pharmaceuticals (CYCC) to Offer Common Stock

Cyclacel Pharmaceuticals Announces Proposed Public Offering of Common Stock

March 11, 2021 4:01 PM EST

BERKELEY HEIGHTS, N.J., March 11, 2021 (GLOBE NEWSWIRE) -- Cyclacel Pharmaceuticals, Inc. (NASDAQ: CYCC, NASDAQ: CYCCP; "Cyclacel" or the "Company"), a biopharmaceutical company developing innovative medicines based on cancer cell biology, announced today that it intends to offer shares of its common stock for sale in an underwritten public offering. In addition, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering at the public offering price, less underwriting discounts and commissions. The offering is subject to market conditions and... More