secwatch / observer
8-K filed June 16, 2023, 7:59 PM ET ticker IRON CIK 0001816736
other material confidence high sentiment neutral materiality 0.70

Disc Medicine prices upsized $137.2M public offering of common stock and pre-funded warrants

Disc Medicine, Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 1.0

Disc Medicine, Inc. entered into Underwriting Agreement with Morgan Stanley & Co. LLC, SVB Securities LLC, Stifel, Nicolaus & Company, Incorporated, BMO Capital Markets Corp. valued at $128.2 million net proceeds from public offering of common stock and pre-funded warrants (effective 2023-06-13).

Action
entry
Agreement
underwriting
Counterparty
Morgan Stanley & Co. LLC, SVB Securities LLC, Stifel, Nicolaus & Company, Incorporated, BMO Capital Markets Corp.
Value
$128.2 million net proceeds from public offering of common stock and pre-funded warrants
Effective
2023-06-13
Exact text from the filing
On June 13, 2023, Disc Medicine, Inc. (the “Company”) entered into an Underwriting Agreement (the “Underwriting Agreement”) with Morgan Stanley & Co. LLC, SVB Securities LLC, Stifel, Nicolaus & Company, Incorporated, and BMO Capital Markets Corp., as representatives of the several underwriters listed on Schedule I thereto (the “Underwriters”), related to a public offering (the “Offering”) of (i) 2,595,919 shares of common stock of the Company, par value $0.0001 per share (“Common Stock”) at a price to the public of $49.00 per share and (ii) pre-funded warrants to purchase an aggregate of 204,081 shares of Common Stock (the “Pre-Funded Warrants”), at a price to the public of $48.9999 per Pre-Funded Warrant, which represents the per share public offering price for the Common Stock less the $0.0001 per share exercise price for each such Pre-Funded Warrant.
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Disc Medicine, Inc. filing history →

Source: SEC EDGAR
accession 0001193125-23-168460
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