Cyclacel Pharma (CYCC) Prices 1.807M Share Common Offering at $7/Sh

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Go back to Cyclacel Pharma (CYCC) Prices 1.807M Share Common Offering at $7/Sh

Cyclacel Pharmaceuticals Prices $12.65 Million Underwritten Public Offering of Common Stock

March 12, 2021 8:30 AM EST

BERKELEY HEIGHTS, N.J., March 12, 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, today announced the pricing of an underwritten public offering of 1,807,143 shares of its common stock, offered at a price of $7.00 to the public. Additionally, the Company has granted the underwriters a 30-day option to purchase up to an additional 271,071 shares of common stock at the public offering price, less underwriting discounts and commissions. All of the shares in the offering are being offered by the Company. The... More