other material
confidence high
sentiment neutral
materiality 0.70
Opus Genetics raises ~$23M in registered direct offering with Perceptive, Nantahala, Balyasny
Opus Genetics, Inc.
- Purchase agreement with affiliates of Perceptive, Nantahala, and Balyasny for 3.83M shares and 7.18M pre-funded warrants at $2.09/$2.0899.
- Gross proceeds ~$23M; net proceeds to advance LCA5 and BEST-1 gene therapy programs and for working capital.
- Pre-funded warrants exercisable at $0.0001/share, subject to 4.99%/9.99% beneficial ownership limitation.
- Closing expected November 7, 2025; no placement agent or underwriting discounts.
- Offering registered on Form S-3; customary closing conditions remain.