Nov. 4 at 1:48 AM
$RCUS
Arcus entered into an underwriting agreement with Leerink Partners LLC and Goldman Sachs & Co. LLC as representatives.
The offering: 13,700,000 shares at
$18.25/share plus an option for additional 2,055,000 shares exercisable for 30 days.
The option was exercised in full: aggregate 15,755,000 shares issued.
Net proceeds to Arcus: approximately
$269.7 million after discounts and expenses.
The agreement contains the standard underwriting, representation, warranties.
Importantly: It does not list named institutional investors or strategic partner buyers in the visible portion of the document.
https://d18rn0p25nwr6d.cloudfront.net/CIK-0001724521/612afac1-eb44-44c2-a380-8a5a27b61844.pdf