Cassava Sciences Announces $200 Million Registered Direct Offering of Common Stock
The closing of the offering is expected to occur on or aboutFebruary 12, 2021, subject to the satisfaction of customary closing conditions.
- The closing of the offering is expected to occur on or aboutFebruary 12, 2021, subject to the satisfaction of customary closing conditions.
- Cassava Sciences intends to use the net proceeds, if any, from this offering for working capital and general corporate purposes, including development of simufilam, the Companys lead drug candidate for the treatment of Alzheimers disease.
- The offering will be made only by means of a prospectus supplement that forms a part of the registration statement.
- A prospectus supplement and accompanying base prospectus relating to the shares of common stock being offered will be filed with the SEC.