Tango Therapeutics Prices $566.5 Million Equity Offering at $30 Per Share; 30-Day Option Granted

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2026.06.10 21:23
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Tango Therapeutics priced a $566.5 million equity offering at $30 per share, including pre-funded warrants. The company raised funds via an underwritten public offering with J.P. Morgan and Leerink Partners. Net proceeds will support R&D, pivotal trials, commercialization preparation, and general corporate purposes. A 30-day option allows underwriters to purchase up to 3 million additional shares. Closing is expected on June 11, 2026.