Disc Medicine Prices Upsized $450 Million Stock Offering at $75 a Share
Bitget2026/10/21 00:52- Disc Medicine priced an upsized public offering of common stock expected to raise $450 million in gross proceeds before expenses.
- The offering comprises 6,000,000 shares at $75 per share.
- Underwriters have a 30-day option to purchase up to 900,000 additional shares at the offering price, less underwriting discounts and commissions.
- Closing is expected on October 22, 2026, subject to customary conditions.
- Net proceeds will support clinical development, potential bitopertin commercialization for EPP and XLP, other pre-commercialization activities and general corporate purposes.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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