---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-064716"
form_type: "8-K"
ticker: "BCYC"
cik: "0001761612"
company_name: "BICYCLE THERAPEUTICS PLC"
filed_at: "2024-05-23T23:59:59+00:00"
generated_at: "2026-06-01T09:17:26.338952+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Bicycle Therapeutics raises ~$555M in private placement of 25.9M ADSs at $21.42; cash runway into H2 2027

## Summary
- Sold 25,933,706 ADSs (and non-voting ordinary shares in lieu) at $21.42/share for gross proceeds of ~$555M.
- Closing expected May 28, 2024; proceeds will boost cash to ~$1.0B, extending runway into second half of 2027.
- Offering conducted as private placement under Section 4(a)(2) and Rule 506 of Regulation D.
- Company to file a resale registration statement within 30 calendar days after closing or 15 business days if Form S-3ASR is effective.

## SEC filing metadata
- accession: 0001104659-24-064716
- form_type: 8-K
- ticker: BCYC
- cik: 0001761612
- company_name: BICYCLE THERAPEUTICS PLC
- filed_at: 2024-05-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1761612/000110465924064716/0001104659-24-064716-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1761612/000110465924064716/tm2415400d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-064716
- JSON: https://secwatch.observer/filing/0001104659-24-064716.json
- Plain text: https://secwatch.observer/filing/0001104659-24-064716.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.