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Erasca plans USD 500 million common stock offering - ERAS News | Rallies

Erasca plans USD 500 million common stock offering

ERAS•2026-07-13

Proposed common stock offering

Erasca launched a proposed underwritten public offering of USD 500 million of common stock.

Underwriters get a 30-day option to buy up to an additional USD 75 million of common stock.

Net proceeds are earmarked for R&D programs, working capital and general corporate purposes.

J.P. Morgan, Morgan Stanley, Jefferies and Evercore ISI were named joint book-running managers.

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