secwatch.observer — SEC 8-K summary
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Issuer:     Verastem, Inc. (VSTM)
CIK:        0001526119
Form:       8-K
Filed at:   2025-11-17T23:59:59+00:00
Accession:  0001104659-25-112946
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Verastem raises ~$96.9M in public offering of common stock and pre-funded warrants
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- Offering includes 8,543,794 firm shares and 3,870,000 pre-funded warrants at $7.25/share; underwriters exercised full option for 1,862,069 additional shares.
- Net proceeds estimated at ~$96.9M after underwriting discounts and expenses.
- Pre-funded warrants have $0.0001 exercise price, no expiration, and include 4.99% beneficial ownership limitation.
- Closing expected on or about November 17, 2025, subject to customary conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1526119/000110465925112946/0001104659-25-112946-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1526119/000110465925112946/tm2531440d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-112946

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer