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Nektar prices equity offering at $13.50; shares down 3% premarket

Oct. 19, 2016 6:48 AM ETNektar Therapeutics (NKTR) StockBy: Douglas W. House, SA News Editor1 Comment
  • Nektar Therapeutics (NASDAQ:NKTR) eases 3% premarket on average volume in response to the pricing of its public offering of 13M shares of common stock at $13.50. Underwriters over-allotment is an additional 1.95M shares. Net proceeds will fund R&D, working capital and general corporate purposes.
  • Yesterday's close was $14.08.

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