• Erasca launched a proposed underwritten public offering of USD 500 million of common stock.
• Underwriters get a 30-day option to buy up to an additional USD 75 million of common stock.
• Net proceeds earmarked for R&D programs, working capital, general corporate purposes.
• J.P. Morgan, Morgan Stanley, Jefferies, Evercore ISI named joint book-running managers.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Erasca Inc. published the original content used to generate this news brief on July 13, 2026, and is solely responsible for the information contained therein.