Open OfferApr 28, 2026, 07:44 PM
ORKA Prices Upsized Public Offering of 9.66M Shares at $72.50
AI Summary
Oruka Therapeutics, Inc. announced the pricing of its upsized underwritten public offering of 9,660,000 shares of common stock at $72.50 per share. The offering is expected to generate gross proceeds of approximately $700.4 million for the company. Underwriters have also been granted a 30-day option to purchase up to an additional 1,449,000 shares. The offering is anticipated to close around April 30, 2026.
Key Highlights
- Oruka priced an upsized public offering of 9,660,000 shares of common stock.
- The offering price to the public is $72.50 per share.
- Gross proceeds are expected to be approximately $700.4 million.
- Underwriters have a 30-day option to purchase up to an additional 1,449,000 shares.
- The offering is expected to close on or about April 30, 2026.