ImmunoGen prices $325M offering
- ImmunoGen (NASDAQ:IMGN) prices underwritten public offering of 26M shares at a price of $12.50 per share, before underwriting discounts and commissions.
- The offering is expected to close on or about May 9, 2023.
- Underwriters have a 30-day option to purchase up to an additional 3.9M shares.
- Total gross proceeds from the offering will be $325M.