I don't know if it had anything to do with that news. Looks to me like there's been alot of slow deliberate accumulation since ASH and it was getting wound pretty tight. This was long overdue....GLTA
9:01AM YM BioSciences prices $70 mln public offering of common shares at $2.00 per share (YMI) 2.05 : Co announced the pricing of 35 mln common shares at $2.00 per common share in its previously announced underwritten public offering. Co intends to use the net proceeds from this offering to fund its ongoing drug development activities and for general corporate purposes and working capital.