IDEAYA Biosciences Drops 10% After Pricing Public Offering Of Shares

Shares of IDEAYA Biosciences, Inc. (IDYA) are down more than 10% Thursday morning at $11.23.

Wednesday the company priced its public offering of 7,619,048 shares at $10.50 per share.

IDEAYA expects to conclude the offering on September 19 and expects gross proceeds of about $80 million.

IDYA has traded in the range of $10.70-$11.60 in the past 1 year.

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