CytomX priced an underwritten public offering of 45.99 million common shares at USD 5.30 per share. The offering also includes pre-funded warrants to purchase 1.18 million common shares, with expected gross proceeds of USD 250 million. CytomX granted underwriters a 30-day option to buy up to 7.08 million additional common shares. The company said it expects to use the net proceeds to fund development of Varseta-M and other pipeline programs, plus general corporate purposes.
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 on March 17, 2026, and is solely responsible for the information contained therein.
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