QualityStocksNewsBreaks – Harpoon Therapeutics Inc. (NASDAQ: HARP) Closes Underwritten $115M Follow-On Offering
Harpoon Therapeutics (NASDAQ: HARP), a clinical-stage immunotherapy company, announced that it has closed on a previously announced underwritten public offering. The offering consisted of 6,764,704 shares of HARP common stock, including 882,352 additional shares pursuant to the full exercise of the over-allotment option granted to the underwriters. The shares were purchased for $17 a share; the completed IPO resulted in an estimated $15 million in gross proceeds for Harpoon Therapeutics. Harpoon Therapeutics intends to use the proceeds, along with additional available funds, as it continues the clinical development of four products: HPN424 (“HPN424”) is targeting metastatic castration-resistant prostate cancer, HPN536…
