April 16, 2018 7:43pm
BLCM closed down -$0.01 to $8.97 (monday) and Tuesday was down -$1.13 or 12.6% to $7.84, with an aftermarket indication of +$0.07 or +0.89%
BLCM hopes to raise $60 M
BLCM has commenced an underwritten public offering of 7,000,000 shares of its common stock.
The offering is subject to the usual market, other conditions, and 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.
Bellicum expects to grant the underwriters of the offering a 30-day option to purchase up to an additional 1,050,000 shares of its common stock at the public offering price, less the underwriting discounts and commissions.
Citigroup and Jefferies LLC are acting as lead book-running managers for the offering; Guggenheim Securities, Ladenburg Thalmann and Raymond James are acting as co-managers.