CytomX Therapeutics launches USD 250 million follow-on stock offering

Reuters03-17

<a href="https://laohu8.com/S/CTMX">CytomX</a> <a href="https://laohu8.com/S/LENZ">Therapeutics</a> launches USD 250 million follow-on stock offering

CytomX Therapeutics announced an underwritten public offering of USD 250 million of common stock and, in lieu of common stock to certain investors, pre-funded warrants. The company expects to grant underwriters a 30-day option to purchase up to an additional USD 37.5 million of common stock. CytomX said it plans to use the net proceeds to support development of Varseta-M and other pipeline programs. Jefferies, Piper Sandler, Cantor and Barclays are acting as joint bookrunners, with Wedbush PacGrow as co-manager.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CytomX Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603161604PRIMZONEFULLFEED9672976) on March 16, 2026, and is solely responsible for the information contained therein.

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