Arcutis Announces Proposed Public Offering
All of the shares of common stock and pre-funded warrants in this offering are being sold by Arcutis.
- All of the shares of common stock and pre-funded warrants in this offering are being sold by Arcutis.
- The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
- In addition, Arcutis intends to grant the underwriters a 30-day option to purchase up to an additional $22.5 million of shares of its common stock at the public offering price per share.
- Morgan Stanley, TD Cowen, and Guggenheim Securities are acting as joint lead bookrunning managers for the proposed offering.