RAPT Therapeutics Announces Pricing of Public Offering of Common Stock

Core Points - RAPT Therapeutics, Inc. announced a public offering of 8,333,334 shares of common stock priced at $30.00 per share, with expected gross proceeds of approximately $250 million [1] - The offering includes a 30-day option for underwriters to purchase an additional 1,250,000 shares at the public offering price [1] - The offering is expected to close on or about October 23, 2025, subject to customary closing conditions [1] Company Overview - RAPT Therapeutics is a clinical-stage biopharmaceutical company focused on developing therapies for inflammatory and immunological diseases [5] - The company utilizes proprietary expertise in immunology to create novel therapies aimed at modulating immune responses [5] Offering Details - The offering is conducted under a shelf registration statement filed with the SEC, which was declared effective on August 17, 2023 [3] - Joint bookrunning managers for the offering include Leerink Partners, TD Cowen, Guggenheim Securities, Wells Fargo Securities, and LifeSci Capital [2]