WOBURN, Mass.--(BUSINESS WIRE)--ArQule, Inc. (“ArQule” or the “Company”) (NASDAQ: ARQL) today announced the closing of the purchase of an additional 502,000 shares of the Company’s common stock pursuant to the underwriters’ partial exercise of their over-allotment option in connection with the Company’s recent offering of common stock. This results in a total offering by the Company of an aggregate of 7,502,000 shares, representing an aggregate public offering price of approximately $58.14 million, before deducting underwriting discounts and commissions and offering expenses.
