Calithera launches 4.5M-share stock offering; shares ease 7% after hours

|About: Calithera Biosciences (CALA)|By:, SA News Editor

Calithera Biosciences (NASDAQ:CALA) initiates a public offering of 4.5M shares of common stock. Underwriters over-allotment will be an additional 675K shares. Price and terms have yet to be announced.

Shares are down 7% after hours on light volume.