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Erasca prices $550M upsized public offering to fund cancer drug development

Company Fundamentals
13 Jul 2026
GlobeNewsWire
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Neutral
pluang ai news

Erasca, a clinical-stage oncology company, priced an upsized public offering of 31.4 million shares at $17.50 each, raising approximately $550 million before expenses. The funds will support research and development of therapies targeting RAS/MAPK pathway-driven cancers, as well as general corporate purposes. The offering is expected to close on July 15, 2026, with underwriters having an option to buy additional shares. This capital raise aims to advance Erasca's mission to develop precision cancer treatments.

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Madonna and MISTR host CLUB CONFESSIONS NYC to celebrate dance, LGBTQ+ culture, and HIV prevention.

Madonna and MISTR host CLUB CONFESSIONS NYC to celebrate dance, LGBTQ+ culture, and HIV prevention.

Madonna returned to New York City to celebrate her No.1 album Confessions II with CLUB CONFESSIONS, a nightlife event co-hosted by MISTR that highlights dance music, queer culture, and HIV prevention. The event featured performances by Madonna and co...

Others
Bullish
2 hours ago
Autonomix Medical raises $2.6M through warrant inducement agreement with investor.

Autonomix Medical raises $2.6M through warrant inducement agreement with investor.

Autonomix Medical has entered a warrant inducement agreement with an investor for the immediate exercise of outstanding warrants, raising approximately $2.6 million. The investor will purchase 428,731 shares at a reduced price of $6.00 per share. In ...

Company Fundamentals
Bullish
3 hours ago
Law firm probes Richemont for not refunding tariff-driven price hikes after Supreme Court invalidated tariffs

Law firm probes Richemont for not refunding tariff-driven price hikes after Supreme Court invalidated tariffs

Edelson Lechtzin LLP is investigating Richemont for allegedly raising prices on luxury goods due to tariffs imposed under the Trump administration and failing to refund customers after the U.S. Supreme Court ruled those tariffs unlawful in February 2...

Market News
Bearish
3 hours ago
Binance reports June Bitcoin holdings up 1.22%, while Ethereum and Tether balances decline.

Binance reports June Bitcoin holdings up 1.22%, while Ethereum and Tether balances decline.

Binance's latest proof-of-reserves report shows customer Bitcoin holdings increased by 1.22% in June, adding 7,715 BTC to reach about 640,000 BTC. Meanwhile, Ethereum holdings fell by 1.41% and Tether balances dropped by 1.51%. These changes reflect ...

Protocol Fundamentals
Neutral
4 hours ago
VEON's JazzWorld acquires majority stake in Pakistan's TPL Insurance to boost digital insurance access.

VEON's JazzWorld acquires majority stake in Pakistan's TPL Insurance to boost digital insurance access.

VEON Ltd.'s subsidiary Jazz International Holding Limited has acquired a 76.33% controlling stake in TPL Insurance Limited, a leading digital insurer in Pakistan, for about USD 16.4 million. This acquisition integrates insurance into VEON's digital e...

Company Fundamentals
Bullish
4 hours ago
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