Arena Pharmaceuticals, Inc. (ARNA) said Tuesday that it plans to offer and sell shares of its common stock in an underwritten public offering.
There can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering, the company noted.
Jefferies & Company, Inc. and Piper Jaffray & Co. are acting as joint book-running managers for the offering. BMO Capital Markets is acting as a co-manager for the offering.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.