CARGO Therapeutics Announces $110.0 Million Private Placement Equity Financing
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CARGO Therapeutics, Inc. (CRGX)
Company Research
Source: GlobeNewswire
– Financing includes participation from new and existing investors – – Supports BLA preparation for potentially pivotal Phase 2 study, FIRCE-1 of firicabtagene autoleucel (firi-cel) (CRG-022) and IND-enabling studies for CRG-023 – – Extends cash runway through 2026 – SAN CARLOS, Calif., May 28, 2024 (GLOBE NEWSWIRE) -- CARGO Therapeutics, Inc. (Nasdaq: CRGX), a clinical-stage biotechnology company positioned to advance next generation, potentially curative cell therapies for cancer patients, today announced that it has entered into a securities purchase agreement for a private investment in public equity financing that is expected to result in gross proceeds of approximately $110.0 million, before deducting placement agent fees and other expenses. The private placement included participation from both new and existing investors including EcoR1 Capital, Woodline Partners LP, Saturn V Capital, Opaleye Management, funds and accounts advised by T. Rowe Price Associates, Inc., Novo
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CRGX
News
- CARGO Therapeutics, Inc. (NASDAQ: CRGX) is now covered by analysts at Piper Sandler. They set an "overweight" rating and a $37.00 price target on the stock.MarketBeat
- CARGO Therapeutics Adds Experienced Biopharma Executive to Board of Directors with the Appointment of Jane Pritchett Henderson as Independent Director [Yahoo! Finance]Yahoo! Finance
- CARGO Therapeutics Adds Experienced Biopharma Executive to Board of Directors with the Appointment of Jane Pritchett Henderson as Independent DirectorGlobeNewswire
- CARGO Therapeutics to Participate in Upcoming Investor Conferences [Yahoo! Finance]Yahoo! Finance
- CARGO Therapeutics to Participate in Upcoming Investor ConferencesGlobeNewswire
CRGX
Earnings
- 3/21/24 - Beat
CRGX
Sec Filings
- 6/28/24 - Form EFFECT
- 6/27/24 - Form 424B3
- 6/17/24 - Form S-1
- CRGX's page on the SEC website