---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-282934"
form_type: "8-K"
ticker: "ARVN"
cik: "0001655759"
company_name: "ARVINAS, INC."
filed_at: "2023-11-27T23:59:59+00:00"
generated_at: "2026-06-07T21:29:55.615334+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Arvinas raises ~$350M in oversubscribed private placement of common stock and pre-funded warrants

## Summary
- Sold 12.96M shares at $21.36/share and 3.42M pre-funded warrants at $21.359/warrant.
- Gross proceeds ~$350M; net ~$334.5M after fees.
- Co-led by EcoR1 Capital and RTW Investments; participants include Adage Capital, RA Capital, others.
- Proceeds to advance clinical programs and preclinical pipeline; cash runway extended into 2027.
- EcoR1 Capital granted right to nominate one board member for 24 months post-close.

## SEC filing metadata
- accession: 0001193125-23-282934
- form_type: 8-K
- ticker: ARVN
- cik: 0001655759
- company_name: ARVINAS, INC.
- filed_at: 2023-11-27T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1655759/000119312523282934/0001193125-23-282934-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1655759/000119312523282934/d906900d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-282934
- JSON: https://secwatch.observer/filing/0001193125-23-282934.json
- Plain text: https://secwatch.observer/filing/0001193125-23-282934.txt

## Key facts
- Material Agreements
  ARVINAS, INC. entered into Securities Purchase Agreement with EcoR1 Capital, LLC and other institutional accredited investors valued at aggregate gross proceeds of approximately $350 million (effective 2023-11-24).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: EcoR1 Capital, LLC and other institutional accredited investors
  - Value: aggregate gross proceeds of approximately $350 million
  - Effective: 2023-11-24
  source text: On November 24, 2023, Arvinas, Inc., a Delaware corporation (the " Company "), entered into a securities purchase agreement (the " Securities Purchase Agreement ") with certain institutional accredited investors (the " Investors "), pursuant to which the Company agreed to issue and sell to the Investors in a private placement an aggregate of 12,963,542 shares of the Company’s common stock, par value $0.001 per share (the " Shares "), at a price of $21.36 per share, and, to one Investor in lieu of Shares, pre-funded warrants to purchase 3,422,380 shares of the Company’s common stock (the " Pre-Funded Warrants "), at a price of $21.359 per Pre-Funded Warrant (the " Private Placement ").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1655759/000119312523282934/0001193125-23-282934-index.htm
- Material Agreements
  ARVINAS, INC. entered into Registration Rights Agreement with the Investors valued at Company agreed to register for resale the Shares and Pre-Funded Warrant Shares (effective 2023-11-24).
  - Action: entry
  - Counterparty: the Investors
  - Value: Company agreed to register for resale the Shares and Pre-Funded Warrant Shares
  - Effective: 2023-11-24
  source text: Also on November 24, 2023, the Company entered into a registration rights agreement (the " Registration Rights Agreement ") with the Investors, pursuant to which the Company agreed to register for resale the Shares and the shares of the Company’s common stock issuable upon exercise of the Pre-Funded Warrants (the " Pre-Funded Warrant Shares " and, together with the Shares, the " Registrable Securities ").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1655759/000119312523282934/0001193125-23-282934-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.