{"id":153962,"date":"2010-01-08T09:24:39","date_gmt":"2010-01-08T14:24:39","guid":{"rendered":"http:\/\/www.xconomy.com\/?p=57683"},"modified":"2010-01-08T09:24:39","modified_gmt":"2010-01-08T14:24:39","slug":"synta-nabs-25m-in-stock-deal","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/153962","title":{"rendered":"Synta Nabs $25M in Stock Deal"},"content":{"rendered":"\n<div style=\"text-transform:uppercase\"><a href=\"http:\/\/www.xconomy.com\/tag\/Biotech\/\">Biotech<\/a>, <a href=\"http:\/\/www.xconomy.com\/tag\/cancer\/\">cancer<\/a>, <a href=\"http:\/\/www.xconomy.com\/tag\/deals\/\">deals<\/a><\/div>\n<p>\t\t<strong>Luke Timmerman wrote:<\/strong><\/p>\n<p>Synta Pharmaceuticals, the Lexington, MA-based developer of cancer drugs, <a href=\"http:\/\/finance.yahoo.com\/news\/Synta-Pharmaceuticals-Prices-bw-668552907.html?x=0&amp;.v=1\">said today<\/a> it has raised $25 million in a stock offering. The company (NASDAQ: <a href=\"http:\/\/finance.yahoo.com\/q?s=SNTA\">SNTA<\/a>) sold 5.5 million shares at $4.50 apiece&#8212;about a 17.6 percent discount from yesterday&#8217;s closing price of $5.46. Lazard Capital Markets led the offering and RBC Capital Markets served as a co-manager. The company had $51.7 million in cash and investments at the end of September, <a href=\"http:\/\/ir.syntapharma.com\/phoenix.zhtml?c=147988&amp;p=irol-newsArticle&amp;ID=1350721&amp;highlight=\">according to<\/a> its most recent financial report.<\/p>\n<div class=\"postFooter\"><a href=\"http:\/\/www.xconomy.com\/boston\/2010\/01\/08\/synta-nabs-25m-in-stock-deal\/#comments\">Comments<\/a> | <a href=http:\/\/www.xconomy.com\/reprints\/>Reprints<\/a> | Share: &nbsp;<br \/>\n<a href=\"http:\/\/twitter.com\/home?status=RT%20@Xconomy%20Synta%20Nabs%20$25M%20in%20Stock%20Deal%20http:\/\/xconomy.com\/?p=57683\"  rel=\"nofollow\"><img decoding=\"async\" src=\"http:\/\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/twitter.gif\" alt=\"Retweet\"\/><\/a><br \/>\n&nbsp;<a href=\"http:\/\/www.facebook.com\/sharer.php?u=http:\/\/www.xconomy.com\/boston\/2010\/01\/08\/synta-nabs-25m-in-stock-deal\/&#038;t=Synta%20Nabs%20$25M%20in%20Stock%20Deal\"  rel=\"nofollow\"><img decoding=\"async\" src=\"http:\/\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/facebook.gif\" alt=\"Facebook\"\/><\/a><br \/>\n&nbsp;<a href=http:\/\/www.xconomy.com\/boston\/2010\/01\/08\/synta-nabs-25m-in-stock-deal\/email\/  rel=\"nofollow\"><img decoding=\"async\" src=\"http:\/\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/email.gif\" alt=\"Email\"\/><\/a><br \/>\n&nbsp;<a href=\"http:\/\/sharethis.com\/item?publisher=bfda184d-6684-4f7a-a23f-ca4ed4db9287&amp;title=Synta+Nabs+%2425M+in+Stock+Deal&amp;url=http%3A%2F%2Fwww.xconomy.com%2Fboston%2F2010%2F01%2F08%2Fsynta-nabs-25m-in-stock-deal%2F\"><img decoding=\"async\" src=\"http:\/\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/share.gif\" alt=\"Share\"\/><\/a>\n<\/div>\n<p>\t     \t\t<br clear=\"both\" style=\"clear: both;\"\/><br \/>\n<br clear=\"both\" style=\"clear: both;\"\/><br \/>\n<a href=\"http:\/\/ads.pheedo.com\/click.phdo?s=2b7edb97bfd4b67fec120e9c5162a2c4&#038;p=1\"><img decoding=\"async\" alt=\"\" style=\"border: 0;\" border=\"0\" src=\"http:\/\/ads.pheedo.com\/img.phdo?s=2b7edb97bfd4b67fec120e9c5162a2c4&#038;p=1\"\/><\/a><br \/>\n<img loading=\"lazy\" decoding=\"async\" alt=\"\" height=\"0\" width=\"0\" border=\"0\" style=\"display:none\" src=\"http:\/\/a.rfihub.com\/eus.gif?eui=2218\"\/><\/p>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/_dzUyid4lbCcW9NGN-8XzWV17Nw\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/_dzUyid4lbCcW9NGN-8XzWV17Nw\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/_dzUyid4lbCcW9NGN-8XzWV17Nw\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/_dzUyid4lbCcW9NGN-8XzWV17Nw\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/Xconomy_Full\/~4\/WE8QCZktg7k\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Biotech, cancer, deals Luke Timmerman wrote: Synta Pharmaceuticals, the Lexington, MA-based developer of cancer drugs, said today it has raised $25 million in a stock offering. The company (NASDAQ: SNTA) sold 5.5 million shares at $4.50 apiece&#8212;about a 17.6 percent discount from yesterday&#8217;s closing price of $5.46. Lazard Capital Markets led the offering and RBC [&hellip;]<\/p>\n","protected":false},"author":1192,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-153962","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/153962","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1192"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=153962"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/153962\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=153962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=153962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=153962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}