January 6, 2021 11:46am

...with 257,310 warrants priced at $85.499

Representing a $376 million proceeds after expenses

Wells Fargo Securities acted as lead manager for the offering, and Cantor Fitzgerald & Co. and Oppenheimer & Co. Inc. are acting as co-managers for the offering.  Jefferies, BofA Securities, SVB Leerink and Barclays acted as joint book-running managers for the offering.

FATE has executed a public offering of 4,421,053 million shares 

Fate granted the underwriters a 30-day option to purchase up to an additional 701,754 shares.


The Bottom Line: cash position: $488.8 M, 52-week change: 359.01%, a 52-week high of $103.66 and a low of $16.75; with a float of 73.68 million shares and 87.24 million outstanding shares. A short percentage (%) of float (12/15) of -20.89% with $85.49 million and a negative operating cash flow of -$44.1 million.