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Published on 25 Oct 2023 on Benzinga

Why IDEAYA Biosciences Stock Is Falling During Wednesday's Session - IDEAYA Biosciences...

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Ideaya Biosciences Inc IDYA shares are trading lower by 11.6% to $24.10 Wednesday morning after the company priced an underwritten public offering of common stock and pre-funded warrants.

The company is selling 5 million shares of common stock at a price of $23.50 per share, along with pre-funded warrants to purchase 319,150 shares of common stock at a price of $23.4999 per pre-funded warrant with an exercise price of $0.0001 per share.

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NASDAQ.IDYA price evolution

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