Rapport Therapeutics Inc. Announces $250 Million Public Offering of Common Stock
Reuters
Yesterday
Rapport Therapeutics Inc. Announces $250 Million Public Offering of Common Stock
Rapport Therapeutics Inc., a clinical-stage biotechnology company focused on developing small molecule precision medicines for neurological and psychiatric disorders, has announced a public offering of $250 million in common stock. The offering, which is subject to market and other conditions, will be underwritten by Goldman Sachs & Co. LLC, Jefferies, TD Cowen, and Stifel, acting as joint book-running managers. Rapport also plans to grant underwriters a 30-day option to purchase an additional $37.5 million in shares at the public offering price, excluding underwriting discounts and commissions. The offering will be conducted under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission.
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