Touche indeed.
Friday March 7 3:48 PM EDT
ArQule, Inc. Files Registration Statement with SEC for Secondary Public Offering
MEDFORD, Mass., March 7 /PRNewswire/ -- ArQule Inc today announced it has filed a registration statement with the Securities and Exchange Commission (SEC) relating to a public offering of 2,000,000 shares of its common stock, of which 1,632,500 shares are to be sold by ArQule and 367,500 shares are to be sold by certain stockholders. Hambrecht & Quist LLC, Oppenheimer & Co., Inc. and Vector Securities International, Inc. will serve as underwriters for the offering. ArQule will also grant the underwriters an option to purchase an additional 300,000 shares of common stock solely to cover over-allotments, if any.
A copy of the prospectus, when available, may be obtained from Hambrecht & Quist, LLC, One Bush Street, San Francisco, California 94104, 415-576-3300. |