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Stock impact report

Crinetics Pharmaceuticals prices $500M equity at $50 per share [Seeking Alpha]

Crinetics Pharmaceuticals, Inc. (CRNX) 
Last crinetics pharmaceuticals, inc. earnings: 3/9 04:10 pm Check Earnings Report
Company Research Source: Seeking Alpha
Gross proceeds are expected to be $500M. Underwriters have a 30-day option to purchase up to an additional 1.5M shares. The offering is expected to close on or about October 10, 2024. Net proceeds together with its existing cash, cash equivalents and investment securities, will be used to fund research and development of its clinical-stage product candidates, other research programs, pre-commercialization activities and other general corporate purposes, which may include, among other things, capital expenditures or working capital. More on Crinetics Pharmaceuticals Crinetics Pharmaceuticals: Stop, Look, And Listen Before Buying This High-Priced Clinical Stage Biotech Crinetics Pharmaceuticals, Inc. (CRNX) Q2 2024 Earnings Call Transcript Crinetics Pharmaceuticals Q2 2024 Earnings Preview Seeking Alpha's Quant Rating on Crinetics Pharmaceuticals Historical earnings data for Crinetics Pharmaceuticals Recommended For You Comments More Trending News Recommended Show less Read more
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