Revolution Medicines Closes Offering of 16.6 Million Shares

MT Newswires Live

2024/12/06

Revolution Medicines (RVMD) closed an underwritten offering of 16.6 million shares at $46 apiece to certain investors for gross proceeds of $862.5 million.

The offering included prefunded warrants to purchase 2.17 million shares at $45.9999 apiece, the company said Thursday in a statement.

Revolution offered all shares and warrants in the sale.

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