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Biotech / Medical : Xencor (XNCR)
XNCR 13.89-0.4%3:19 PM EST

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Lance Bredvold
From: scaram(o)uche12/6/2016 4:32:02 PM
1 Recommendation  Read Replies (1) of 136
 
Company did not need money, and got this out the door, today, while again trading at an all-time high.......

MONROVIA, Calif., Dec. 6, 2016 /PRNewswire/ -- Xencor, Inc. (XNCR) today announced the completion of an underwritten public offering of 5,272,750 shares of its common stock, including 687,750 shares sold pursuant to the full exercise of an option previously granted to the underwriters to purchase additional shares of common stock. All of the shares were offered by Xencor at a price to the public of $24.00 per share. The gross proceeds to Xencor from this offering, before deducting underwriting discounts and commissions and other offering expenses payable by Xencor, were approximately $126.5 million.

Everybody wants a good Fc, eh?
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