other material
confidence high
sentiment positive
materiality 0.70
4D Molecular Therapeutics closes $129.1M public offering of 8.625M shares at $16/share
4D Molecular Therapeutics, Inc.
- Sold 7.5M firm shares plus 1.125M overallotment shares at $16.00 per share, netting ~$129.1M.
- Underwriters include Goldman Sachs, BofA Securities, and Evercore; lock-up restrictions until July 3, 2023.
- Offering closed on May 9, 2023; proceeds for general corporate purposes per shelf registration.