Five Prime raises $37.5 million in follow-on

Five Prime Therapeutics Inc. (NASDAQ:FPRX) raised $37.5 million through the sale of 3 million shares at $12.50 in a follow-on underwritten by Jefferies; BMO Capital Markets; Wells Fargo Securities; and Guggenheim Securities. Five Prime proposed the offering after market close on Jan. 22, when its share price was $19.26. The company was up $1.38 (11%) to $13.99 on Friday. ...