Incyte Corporation Announces Proposed Public Offering of 9,000,000 Shares of Common Stock

WILMINGTON, Del.--(BUSINESS WIRE)--Incyte Corporation (Nasdaq:INCY) today announced that it intends to offer to sell, subject to market and other conditions, 9,000,000 shares of its common stock in an underwritten public offering. In connection with the offering, the Company expects to grant the underwriters a 30-day option to purchase an additional 1,350,000 shares of common stock from the Company to cover any over-allotments. All of the shares will be offered by the Company.

Back to news