secwatch.observer — SEC 8-K summary
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Issuer:     Disc Medicine, Inc. (IRON)
CIK:        0001816736
Form:       8-K
Filed at:   2023-06-16T23:59:59+00:00
Accession:  0001193125-23-168460
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Disc Medicine prices upsized $137.2M public offering of common stock and pre-funded warrants
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- Priced 2,595,919 shares at $49.00 per share and 204,081 pre-funded warrants at $48.9999 each.
- Gross proceeds ~$137.2M before discounts/expenses; net proceeds expected ~$128.2M (~$147.6M if option exercised).
- Underwriters granted 30-day option to purchase up to 420,000 additional shares at offering price less discounts.
- Proceeds to fund research, clinical development, working capital, and general corporate purposes.
- Offering expected to close June 16, 2023; joint book-runners: Morgan Stanley, SVB Securities, Stifel, BMO Capital Markets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816736/000119312523168460/0001193125-23-168460-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816736/000119312523168460/d481795d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-168460

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer