PepGen Announces $125 Million Public Offering at $5 Per Share
PepGen (NASDAQ: PEPG) has priced a public offering of 25 million shares of common stock at $5.00 per share. The offering is expected to generate approximately $125 million in gross proceeds. The deal includes an option for underwriters to purchase up to an additional amount of shares within a 30-day window. This capital raise provides the biotechnology company with significant liquidity to support its ongoing operations and development programs.
Tickers: $PEPG