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Actionable news in LOXO: LOXO ONCOLOGY INC,

Loxo Oncology, Inc. just filed a prospectus, suggesting it plans to soon issue some securities

Loxo Oncology, Inc. just came out with a new prospectus, available here. This is an SEC requirement for firms looking to issue certain types of securities. An excerpt of the prospectus is provided below:

We estimate that the net proceeds of this offering, after deducting underwriting discounts and commissions and estimated offering expenses, will be approximately $61.9 million, or $71.2 million if the underwriters' option to purchase additional shares to cover over-allotments is exercised in full. We cannot assure you that this offering will be completed.

We intend to use the net proceeds from the sale of commo n stock in this offering for general...