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Wednesday, October 14, 2026

Verastem Oncology jumps after announcing CEO transition, pricing $250M securities offering

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Verastem Oncology (VSTM) shares rose around 20% in premarket trading on Wednesday after the biopharmaceutical company priced an underwritten offering expected to raise approximately $250M in gross proceeds.

The company priced 30,937,500 shares of common stock at $8.00 per share, along with pre-funded

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