secwatch.observer — SEC 8-K summary
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Issuer:     Nuvalent, Inc. (NUVL)
CIK:        0001861560
Form:       8-K
Filed at:   2023-10-17T23:59:59+00:00
Accession:  0001193125-23-257651
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuvalent prices $300M public offering of 5.36M shares at $56.00/share
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- Sold 5,357,143 shares at $56.00 each; gross proceeds ~$300M.
- Net proceeds est. ~$281.6M (or ~$323.9M if underwriters exercise option for 803,571 additional shares).
- Underwriters: J.P. Morgan, TD Cowen, Piper Sandler, BMO Capital Markets; close expected Oct 19, 2023.
- Company expects net proceeds + existing cash to fund operations into 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1861560/000119312523257651/0001193125-23-257651-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1861560/000119312523257651/d544267d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-257651

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