Athenex (ATNX) Announces Proposed 10M Share Public Offering of Common Stock

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Athenex, Inc. Announces Proposed Public Offering of Common Stock

September 8, 2020 4:01 PM EDT

BUFFALO, N.Y., Sept. 08, 2020 (GLOBE NEWSWIRE) -- Athenex, Inc. (Nasdaq: ATNX), a global biopharmaceutical company dedicated to the discovery, development and commercialization of novel therapies for the treatment of cancer, today announced that it intends to offer and sell, subject to market conditions, 10,000,000 shares of its common stock in an underwritten public offering. In addition, Athenex expects to grant the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of common stock at the public offering price, less underwriting discounts and commissions. The offering is subject to market... More