other material
confidence high
sentiment neutral
materiality 0.65
Structure Therapeutics launches $650M follow-on offering of ADSs and pre-funded warrants
Structure Therapeutics Inc.
- Gross proceeds ~$650M from 8.46M ADSs at $65.00 and 1.54M pre-funded warrants at $64.9999.
- Underwriters include Jefferies, Leerink, Goldman Sachs, Morgan Stanley; 30-day option for 1.5M additional ADSs.
- Closing expected Dec 11, 2025; pre-funded warrants have 9.99% beneficial ownership limit (can increase to 19.99%).
- Offering made under effective shelf registration; proceeds before underwriting discounts and expenses.