IDEAYA Announces Proposed Public Offering of Common Stock and Pre-Funded Warrants
IDYAIDEAYA Biosciences(IDYA) Prnewswire·2024-07-10 04:08

SOUTH SAN FRANCISCO, Calif., July 9, 2024 /PRNewswire/ -- IDEAYA Biosciences, Inc. (Nasdaq:IDYA) today announced that it intends to offer and sell up to 200.0millionofsharesofitscommonstockand,inlieuofcommonstock,toofferandselltocertaininvestorsprefundedwarrantstopurchaseitscommonstockinanunderwrittenpublicoffering.Inaddition,IDEAYAintendstogranttheunderwritersa30dayoptiontopurchaseupto200.0 million of shares of its common stock and, in lieu of common stock, to offer and sell to certain investors pre-funded warrants to purchase its common stock in an underwritten public offering. In addition, IDEAYA intends to grant the underwriters a 30-day option to purchase up to 30.0 million of shares of its common stock. The offering is subject to ...