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InterMune Plans To Offer 5 Mln Common Shares Through Underwritten Public Offering - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

InterMune Inc. (ITMN) announced that it plans to offer 5 million shares of its common stock in an underwritten public offering. The company expects to grant the underwriters a 30-day option to purchase up to an additional 750,000 shares of common stock in connection with the offering. All of the shares in the offering will be sold by InterMune.

The shares will be issued pursuant to a prospectus supplement filed as part of a shelf registration statement previously filed with the Securities and Exchange Commission on Form S-3. Goldman, Sachs & Co. is acting as the sole book-running manager of the offering.

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