other_material
confidence high
sentiment neutral
materiality 0.65
Invivyd closes $57.5M public offering; net proceeds ~$53.5M for pipeline development
Invivyd, Inc.
- Raised ~$57.5M gross ($53.5M net) via 89.2M shares at $0.52/sh and 21.3M pre-funded warrants at $0.5199.
- Underwriters' full option exercised; offering led by RA Capital Management and Janus Henderson.
- Proceeds to fund VYD2311 clinical program, RSV/measles R&D, and Long COVID studies (SPEAR Study Group).
- Dilution: total shares outstanding increases by ~110.6M (including pre-funded warrants exercisable).
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