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ARTICLE | Financial News

Mirati, Revance price follow-ons

January 17, 2019 9:45 PM UTC

Mirati Therapeutics Inc. (NASDAQ:MRTX) and Revance Therapeutics Inc. (NASDAQ:RVNC) have each raised $100 million in follow-ons.

Mirati priced 1.6 million shares at $62 late Wednesday. The price is a slim discount to the company’s close of $62.47 Wednesday when it proposed just after the bell to raise $75 million. J.P. Morgan, Citigroup, Cowen, Barclays and Credit Suisse are underwriters. As of Dec. 31, the company had $222.8 million in cash...