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Monte Rosa Therapeutics prices USD 100 million underwritten public funding
Precision Medicine
May 16, 2024
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Precision Medicine

Precision Medicine

May 16, 2024

Monte Rosa Therapeutics prices USD 100 million underwritten public funding

Funding

  • Monte Rosa Therapeutics has announced the pricing of a public offering to raise ~USD 100 million. The offer consists of the sale of 10,638,476 common shares for USD 4.70 per share and the subsequent offering of pre-funded warrants to purchase 10,638,524 shares for USD 4.69 per pre-funded warrant.

  • The offering is expected to close on or about May 20, 2024. The round was led by Dimension and a certain life-sciences-focused investor, with participation from new and existing investors.

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