other material
confidence high
sentiment positive
materiality 0.60
Opus Genetics raises $3.5M in private placement led by board chair for gene therapy manufacturing
Opus Genetics, Inc.
- Issued 3,138,338 shares at ~$1.11/sh in private placement; gross proceeds $3.5M.
- Led by board chair Cam Gallagher ($1M) and lead independent director Sean Ainsworth.
- Proceeds to expedite manufacturing process development for gene therapy candidates OPGx-LCA5 and OPGx-BEST1.
- Private placement closed August 25, 2025; exempt under Section 4(a)(2) and Regulation D.