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GPC Biotech nets €78.6mm in combined offering

Executive Summary

GPC Biotech AG netted €78.6mm ($95.3mm) from a combined offering consisting of a rights offering to GPC stockholders, a global offering which includes a US IPO and a German public offering, and private placements with institutional investors. In total, the company has sold 7.46mm shares; selling stockholders sold another 300k shares.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • FOPO
    • IPO
    • Other
    • Private Investment in Public Equity
    • Private Placement

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