BioCentury
ARTICLE | Finance

June 17 Quick Takes: Constellation, Celldex raise follow-ons; plus CureVac quiet on IPO chatter and venture cash for GreenLight, TILT, DiogenX

June 18, 2020 1:19 AM UTC

Constellation raises close to $200M
Cancer epigenetics company Constellation Pharmaceuticals Inc. (NASDAQ:CNST) raised $192.5 million in a bumped-up follow-on Tuesday through the sale of 5.5 million shares at $35. The price is a 7% discount to its close of $37.72 on Monday, when it proposed to sell 4 million shares after hours.

Celldex prices $130M offering
Celldex Therapeutics Inc. (NASDAQ:CLDX) raised $130.4 million late Monday through the sale of 13.4 million shares at $9.75. The price is a 9% discount to the immunotherapy company’s close of $10.71 that day, when it proposed the offering...