Annual report pursuant to Section 13 and 15(d)

Capital Stock

v3.20.4
Capital Stock
12 Months Ended
Dec. 31, 2020
Equity [Abstract]  
Capital Stock Capital Stock
Public Offerings
In December 2020, we completed an underwritten public offering in which we issued and sold 4,928,572 shares of our common stock, par value $0.0001 per share, at a public offering price of $17.50 per share. We received gross proceeds of $86.3 million, net of underwriting discounts and commissions of $5.2 million and direct offering expenses of $0.3 million for net proceeds of $80.8 million.
In April 2018, we completed an underwritten public offering of 4,312,500 shares of our common stock, par value $0.0001 per share, at a public offering price of $9.25 per share. We received net proceeds after deducting the underwriting discounts and commissions and estimated offering expenses of approximately $37.3 million.
Private Placement
In June 2019, we entered into a Securities Purchase Agreement with an affiliate of Casdin Capital, LLC (Casdin) pursuant to which we issued and sold to Casdin 3,048,780 shares of our common stock at a purchase price of $16.40 per share. After deducting issuance costs of $0.1 million from the Private Offering, our net proceeds were $49.9 million. The Private Offering was exempt from registration pursuant to the exemption for transactions by an issuer not involving any public offering under Section 4(a)(2) the Securities Act, and Regulation D under the Securities Act.