BioCentury
ARTICLE | Financial News

Kura, Zafgen price follow-ons

June 29, 2018 6:33 PM UTC

Kura Oncology Inc. (NASDAQ:KURA) and Zafgen Inc. (NASDAQ:ZFGN) each priced follow-ons of at least $60 million on June 28.

Kura raised $67 million through the sale of 4 million shares at $16.75 in an offering underwritten by Leerink. The price is a 2% discount to Kura's close of $17.05 on June 27, when it proposed the offering after hours. The company gained $0.25 to $17.30 June 28...