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Arcus Biosciences Announces Pricing of $250 Million Public Offering of Common Stock

Key Takeaway: Arcus Biosciences priced an underwritten public offering of 14,285,715 common stock shares at $17.50 per share. The transaction is expected to yield gross proceeds of $250.0 million for the company. This capital infusion supports its late-stage clinical development programs for cancer and immune diseases.

Market Sentiment Analysis

POSITIVE FACTORS

  • Arcus raised $250 million through a public offering.
  • The offering consists of 14,285,715 shares.
  • Shares priced at $17.50 each.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+65%
120-day peak, hindsight
Typical move
2.8%
average across 10 past catalysts
Cash runway
~17 mo
Low dilution risk
Lead asset
Etrumadenant
Phase 1 · Prostatic Neoplasms, Castration-Resistant

Full Press Release Details

HAYWARD, Calif.--(BUSINESS WIRE)--Arcus Biosciences, Inc. (NYSE: RCUS), a late clinical-stage biopharmaceutical company focused on developing differentiated molecules and combinations for the treatment of cancer and immune diseases, today announced the pricing of an underwritten public offering of 14,285,715 shares of its common stock at a price to the public of $17.50 per share. Gross proceeds to Arcus Biosciences from the offering are expected to be $250.0 million, before deducting underwriti

Frequently Asked Questions

What is the total amount raised by Arcus Biosciences?

Arcus Biosciences raised $250 million from the offering.

How many shares were offered in the public offering?

The offering consisted of 14,285,715 shares.

What was the price per share for the offering?

The shares were priced at $17.50 each.

What will the proceeds from the offering be used for?

The funds will support cancer and immune disease treatments.

Last updated: Oct 22, 2026