other material
confidence high
sentiment positive
materiality 0.85
Tyra Biosciences announces $200M private placement led by RA Capital at $13.01/share
Tyra Biosciences, Inc.
- Gross proceeds of approximately $200 million from sale of ~15.4 million shares/pre-funded warrants at $13.01 per share.
- Financing led by RA Capital Management with participation from Boxer Capital, BVF Partners, Nextech, OrbiMed, 5AM Ventures.
- Proceeds to advance clinical development of TYRA-300 and TYRA-200, preclinical programs, and for working capital.
- PIPE expected to close on February 6, 2024, subject to customary closing conditions.
- Company to file resale registration statement with SEC within 45 days after closing.