secwatch.observer — SEC 8-K summary
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Issuer:     BICYCLE THERAPEUTICS PLC (BCYC)
CIK:        0001761612
Form:       8-K
Filed at:   2024-05-23T23:59:59+00:00
Accession:  0001104659-24-064716
Event type: other_material
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1761612/000110465924064716/0001104659-24-064716-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1761612/000110465924064716/tm2415400d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-064716

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